Prepare a horizontal analysis of the comparative income


Question: Performing horizontal analysis-income statement Data for Variline Designs, Inc. follow:

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Requirements: 1. Prepare a horizontal analysis of the comparative income statement of Variline Designs, Inc. Round percentage changes to one decimal place.

2. Why did 2016 net income increase by a higher percentage than net sales revenue?

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Finance Basics: Prepare a horizontal analysis of the comparative income
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