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Use the following selected income statement data to perform a horizontal analysis for 2019. Listeach anwer as a percent, found to 1 echenland include a
Use the following selected income statement data to perform a horizontal analysis for 2019. Listeach anwer as a percent, found to 1 echenland include a - for any decreases e a decrease of 10.1% would be entered as 10.1%) 2019 2018 Horizontal Net sales 16.000 12,000 Cost of Goods Sold 8.600 6.800 Interest expense 200 290 Income from operations 3.400 2.000 Net income 2,800 1.700
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