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Perform a vertical analysis of Tri Designs' balance sheet for each year. Click the icon to view the data.) Read the requirements Data Table -

Perform a vertical analysis of Tri Designs' balance sheet for each year.image text in transcribed

Click the icon to view the data.) Read the requirements Data Table - X McCormick Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Requirement 1. Prepare a horizontal analysis of the comparative income statement of McCormick Design ne decimal place, XX%. Use a minus sign or parentheses to indicate a decrease.) McCormick Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Amount Percentage Net Sales Revenue $ 431,250 $ 374,650 Expenses Cost of Goods Sold 200,250 186,250 Selling and Administrative Expenses 96,000 92.750 Other Expenses 8,350 6,000 304,600 Total Expenses 285,000 $ 126,650 $ 89,650 Wet Income $ 431,250 S 374,650 Net Sales Revenue Expenses Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses 200,250 96,000 8,350 304,600 126,650 $ 186,250 92,750 6,000 285.000 $ 89,650 Net Income Print Done nter any number in the edit fields and then click Check

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