Two income statements for Paragon Company follow: Paragon Company Income Statements For the Years Ended December...
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Two income statements for Paragon Company follow: Paragon Company Income Statements For the Years Ended December 31 20Y7 $2,057,000 (1,523,200) $533,800 20Y6 $1,700,000 (1,360,000) $340,000 Fees earned Expenses Net income Prepare a horizontal analysis of Paragon Company's income statements. If required, round your percentage to the nearest whole number. Paragon Company Income Statements For the Years Ended December 31 Net income Increase/(Decrease) 2017 20Y6 Amount Fees earned $2,057,000 $1,700,000 $ 357,000 Expenses (1,523,200) (1,360,000) 163,200 $533,800 $340,000 $ 193,800 Percent Two income statements for Paragon Company follow: Paragon Company Income Statements For the Years Ended December 31 20Y7 $2,057,000 (1,523,200) $533,800 20Y6 $1,700,000 (1,360,000) $340,000 Fees earned Expenses Net income Prepare a horizontal analysis of Paragon Company's income statements. If required, round your percentage to the nearest whole number. Paragon Company Income Statements For the Years Ended December 31 Net income Increase/(Decrease) 2017 20Y6 Amount Fees earned $2,057,000 $1,700,000 $ 357,000 Expenses (1,523,200) (1,360,000) 163,200 $533,800 $340,000 $ 193,800 Percent
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Related Book For
Financial Accounting
ISBN: 978-1305088436
14th edition
Authors: Carl S. Warren, Jim Reeve, Jonathan Duchac
Posted Date:
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