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Them Sales Cost of Goods Bold 2020 $1.260.000 2019 $970,000 $840.000 2018 2017 $600 1100 Net Income $971,000 $53.000 $500.000 5615.000 $46,000 $30,000 Total

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Them Sales Cost of Goods Bold 2020 $1.260.000 2019 $970,000 $840.000 2018 2017 $600 1100 Net Income $971,000 $53.000 $500.000 5615.000 $46,000 $30,000 Total Assets $1.100.000 $807.000 Number of Books 85,703 73.192 $768.000 63.200 $300,000 530.000 $545,000 45.187 Sold Required: a. Perform a horizontal common-size analysis of the data given [5 marks] Item Sales Cost of Goods Sold Net Income Total Assets Number of Books Sold b. Comment on the results. [3 marks, 1 mark each] 2020 2019 2018 2017

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