Prepare a horizontal analysis of the income statement data, Accounting Basics

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Prepare a horizontal analysis of the income statement data

Question: Here are the comparative income statements of Delaney Corporation

Instructions: (a) Prepare a horizontal analysis of the income statement data for Delaney Corporation, using 2016 as a base. (Show the amounts of increase or decrease.)

(b) Prepare a vertical analysis of the income statement data for Delaney Corporation for both years.

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Accounting Basics: Prepare a horizontal analysis of the income statement data

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Accounting Basics: Prepare a horizontal analysis of the income statement data

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