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Smith Corporation reported the following amounts on its 2018 comparative income statements: E: (Click the icon to view the data.) - Perform a horizontal analysis
Smith Corporation reported the following amounts on its 2018 comparative income statements: E: (Click the icon to view the data.) - Perform a horizontal analysis of revenues, expenses, and net incomeboth in dollar amounts and in percentages-for 2018 and 2017. (Use a minus sign or parentheses for decreases. Round percentage changes to the nearest one-tenth of a percent, X.X%) Smith Corporation Data Table Horizontal Analysis Years Ended December 31, 2018, 2017 and 2016 Increase (Decrease) (In thousands) 2018 2017 2016 (In thousands) 2018 2017 Revenues $ 20,502 $ 20,035 $ 18,445 10,801 10,398 10,150 2018 2017 2016 Amount % Amount % Expenses Revenues $ 20,502 $ 20,035 $ 18,445 % % $ 8.295 9,701 $ 9,637 $ Net income 10,801 10,398 10,150 Expenses % % $ 9,701 $ 9,637 $ 8,295 Net income % % Print Done
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