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Perform a horizontal analysis of key figures for the income statement for Groff Inc. Use 2018 as the base year. Do not enter dollar signs
Perform a horizontal analysis of key figures for the income statement for Groff Inc. Use 2018 as the base year.
Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number.
Groff Inc. Income Statement (in Thousands) For the Years Ended December 31, 2018-2020 | |||||||
2020 | 2019 | 2018 | |||||
Value | $ change from 2018 | % Change | Value | $ change from 2018 | % Change | Value | |
Revenue | $540 | $Answer | Answer% | $475 | $Answer | Answer% | $266 |
Expenses | $290 | $Answer | Answer% | $284 | $Answer | Answer% | $221 |
Net Income | $250 | $Answer | Answer% | $191 | $Answer | Answer% | $45 |
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