Question
Muscateer Corporation reported the following amounts on its 2021 comparative income statements: (Click the icon to view the data.) Perform a horizontal analysis of
Muscateer Corporation reported the following amounts on its 2021 comparative income statements: (Click the icon to view the data.) Perform a horizontal analysis of revenues, expenses, and net income-both in dollar amounts and in percentages-for 2021 and 2020. (Use a minus sign or parentheses for decreases. Enter all currency amounts in thousands as provided in the data. Round percentage changes to the nearest one-tenth of a percent, XX% Do not enter the % symbol in any of the input fields.) Muscateer Corporation Horizontal Analysis Years Ended December 31, 2021, 2020 and 2019 Increase (Decrease) (In thousands) 2021 2020 2021 2020 2019 Amount % Amount % Revenues $ 20,502 $ 20,035 $ 18,445 % % 10,801 10,398 10,150 Expenses % $ 9,701 $ 9,637 $ 8,295 Net income. % %
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