Prepare a horizontal analysis of the comparative income statements of Connor Music Co. Round percentage changes to
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Connor Music Co. Comparative Income Statements Years Ended December 31, 2016 and 2015 2016 2015 Total revenue Expenses 836,000 938,000 Cost of goods sold Selling and general expenses Interest expense Income tax expense Total expenses $ 408,000$409,350 263,000 14,000 79,000 85,750 238,000 9,500 734500 721 Net income 65.900
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Related Book For
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
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