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Requirement Prepare a horizontal analysis o the comparative income statement o parentheses to indicate a decrease.) ar an Designs nc. Round percentage changes o one
Requirement Prepare a horizontal analysis o the comparative income statement o parentheses to indicate a decrease.) ar an Designs nc. Round percentage changes o one decimal place. Round the percentages o one decimal place X % Use a minus s g or Harlan Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Requirements Increase (Decrease) 2018 2017 1. Prepare a horizontal analysis of the comparative income statement of Harlarn Designs, Inc. Round percentage changes to one decimal place Why did 2018 net income increase by a higher percentage than net sales revenue? Net Sales Revenue S 432,000 S 373,450 2. Expenses Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses 190,000 91,000 2,150 283,150 S 124,100 S 90,300 201,550 99,350 7,000 307,900 Print Done Net Income
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