The Tarboro Corporation data for the current year and prior year is as follows: Account Current...

 

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The Tarboro Corporation data for the current year and prior year is as follows: Account Current year Prior year Current assets $75,600 $60,000 Account receivable $59,400 $44,000 Merchandise inventory $51,200 $40,000 Current liabilities $71,500 $55,000 Long-term liabilities $36,000 $30,000 Common stock (5,000 shares) $47,460 $42,000 Retained earnings $31,240 $17,000 Net sales revenue $609,700 $517,000 COGS $471,700 $387,000 Gross Profit $138,000 $130,000 Selling/General expenses $49,080 $52,000 Net income before taxes $88,920 $78,000 Income tax expense $20,520 $18,000 Net Income $68,400 $60,000 What would a horizontal analysis report with respect to net sales revenue? The Tarboro Corporation data for the current year and prior year is as follows: Account Current year Prior year Current assets $75,600 $60,000 Account receivable $59,400 $44,000 Merchandise inventory $51,200 $40,000 Current liabilities $71,500 $55,000 Long-term liabilities $36,000 $30,000 Common stock (5,000 shares) $47,460 $42,000 Retained earnings $31,240 $17,000 Net sales revenue $609,700 $517,000 COGS $471,700 $387,000 Gross Profit $138,000 $130,000 Selling/General expenses $49,080 $52,000 Net income before taxes $88,920 $78,000 Income tax expense $20,520 $18,000 Net Income $68,400 $60,000 What would a horizontal analysis report with respect to net sales revenue?