Question
Prepare a horizontal analysis of the following comparative income statement of The Sunny Day Group. (Click the icon to view the comparative income statement.)
Prepare a horizontal analysis of the following comparative income statement of The Sunny Day Group. (Click the icon to view the comparative income statement.) Why did net income increase by a higher percentage than net sales revenue during 2017? Show Sunny Day's horizontal analysis of net sales and expenses. (Round the percentages to the nearest hundredth percent.) The Sunny Day Group Horizontal Analysis of Comparative Income Statements Years Ended December 31, 2017 and 2016 (amounts in thousands) Increase/ (Decrease) 2017 2016 Amount Percent
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