Question: Olin Copy Corporation reported the following amounts on its 2012 comparative income statement: Perform a horizontal analysis of revenues and cost of sales in both
Olin Copy Corporation reported the following amounts on its 2012 comparative income statement:
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Perform a horizontal analysis of revenues and cost of sales in both dollar amounts and in percent-ages for 2012 and 2011, using 2010 as the baseyear.
(in thousands) Revenues Cost of sales 2012 2011 2010 $6,400 $4,575 $3,850 3,900 2,650 2,050
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