Question 3 Horizontal analysis (trend analysis) percentages for Dody Company's sales revenue, cost of goods sold, and expenses are shown below. Horizontal Analysis 2018 2017 2016 Sales revenue 95.0 % 105.1 % 100.0 % Cost of goods sold 102.3 94.7 100.0 Expenses 106.7 94.7 100.0 Did Dody's net income increase, decrease, or remain unchanged over the 3-year period? 2017 2018