Perform vertical and horizontal analysis

Question 44 Perform a vertical and Horizontal analysis on the following income Statement 2019 2020 Revenue 250,000 325,000 Cost of Goods 95,000 123,500 Gross Profit 155,000 201,500 Wage Expense 45,000 57,000 Rent Exp 10,000 11,000 Supplies Exp 6,500 8,000 Miscellaneous Exp 850 1,200 Net Income 92,650 124,300 Edit View Insert Format Tools Table 12pt V Paragraph BIUA & TV