px?homeworkld=639616982&questionld=1&flushed=false&cld=7221703 ¢er 2/23/23, 6:13 PM Data Table Variline Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 2023 Net Sales Revenue $ 428,950 $ 371,150 Expenses: Cost of Goods Sold 204,950 189,000 Selling and Administrative Expenses 97,450 92,000 Other Expenses 8,000 3,000 Total Expenses 310,400 284,000 118,550 $ Net Income 87,150 helpt/PlayerHomework.aspx?homeworkld=639616982&questionld=1&flushed=false&cld=7221703¢erwin=yes ibezzo Leidy E Question 1, EF15-13 (similar to) HW Score: 0%, 0 of 10 poin Part 1 of 2 Points: 0 of 10 Data for Variline Designs, Inc. follow: (Click the icon to view the data.) Read the requirements. Comparative Income Statement Years Ended December 31, 2024 and 2023 Increase (Decrease) 2024 2023 Amount Percentage Net Sales Revenue $ 428,950 $ 371,150 $ 57,800 15.57 % Expenses: Cost of Goods Sold 204,950 189,000 15,950 8.44 % Selling and Administrative Expenses 97,450 92,000 5,450 5.92 % 8,000 3,000 5,000 166.67 % Other Expenses 310,400 284,000 26,400 9.3 % Total Expenses $ 118,550 $ 87, 150 $ 31,400 36.03 % Net Income Activ Clearca emodocs example Get more help - 31OF Mostly cloudy ch F9 F12 PS SL PH HM PU NUM INS DEL END CTRL ALT ALTework.aspx?homeworkld=639616982&questionld=1&flushed=false&cld=7221703¢erwin=yes 2/23/23, 6:18 PM Requirements 1. Prepare a horizontal analysis of the comparative income statement of Variline Designs, Inc. Round percentage changes to one decimal place. 2. revenue? Why did 2024 net income increase by a higher percentage than net sales Activate Clearcallet O 31OF Mostly cloudy FCL FO FIZ SL ES F7 FH INS HM PU 45 DEL END CTRL FN LEI ALToft Edge nt/PlayerHomework.aspx?homeworkld=639616982&questionld=1&flushed=false&cld=7221703¢erwin=yes 0 Ribezzo Leidy Espinal 02/23/23 6:19 PM Question 1, EF15-13 (similar to) Part 1 of 2 HW Score: 0%, 0 of 10 points * Points: 0 of 10 Save Data for Variline Designs, Inc. follow: BE(Click the icon to view the data.) Read the tequirements Requirement 1. Prepare a horizontal analysis of the comparative income statement of Variline Designs, Inc. Round percentage changes to one decimal place. Round the percentages to one decimal place, X.X%. Use a minus sign or parentheses to indicate a decrease.) Variline Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 Increase (Decrease) 2024 2023 Amount Percentage Net Sales Revenue EA 428,950 $ 371, 150 $ 57,800 15.57 % Expenses: Cost of Goods Sold 204,950 189,000 15,950 8.44 % 97,450 92,000 5,450 5.92 % Selling and Administrative Expenses Activate Windows Clearcall igs to Check answer docs example Get more help - 6:19 PM 31.F Mostly cloudy ~