A Ford Company has the following information from its 2019-2015 financial statement.
Required: Analyze and explain each horizontal analysis' (Balance Sheet and Income Statement). give explanation in each data.

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Horizontal Analysis Ford Company Income statement Year ended December 31, Increase (Decrease) 2016 2015 Amount $ 2,242 1,749 $ 149,558 $151,800 126,195 25,605 Revenue 1.50 Cost of Goods Sold 124,446 1.41 Gross profit SG&A Expenses Operating Expenses Operating Income Total Non-Operating Income/Expense Pre-Tax Income 25,112 493 1.96 19,819 10,763 9,056 84.14 146,014 135,209 10,805 (8,563) 5,095 (3,468) (697) 2,771 7.99 (59.68) (124.36) (33.83) (24.19) (37.59) 5,786 14,349 998 6,784 2,184 4,600 (4,097) 10,252 2,881 Income Taxes Income After Taxes 7,371 7,371 7,373 22,315 Income from Continuous Operations 4,600 869 23.29 Net Income 4,589 14,503 (2,784) (7,812) (37.76) (35.01) (59.68) EBITDA EBIT Basic Shares Outstanding Shares Outstanding 5,786 3,973 3,999 1.16 14,349 3,969 4,002 (8,563) 4 0.10 (3) (0.7) $ (0.69) (0.08) (37.63) (37.50) Basic EPS 1.86 EPS - Earning Per Share $ 1.15 $1.84 Horizontal Analysis Ford Company Income statement Year ended December 31, Increase (Decrease) 2016 2015 Amount $ 2,242 1,749 $ 149,558 $151,800 126,195 25,605 Revenue 1.50 Cost of Goods Sold 124,446 1.41 Gross profit SG&A Expenses Operating Expenses Operating Income Total Non-Operating Income/Expense Pre-Tax Income 25,112 493 1.96 19,819 10,763 9,056 84.14 146,014 135,209 10,805 (8,563) 5,095 (3,468) (697) 2,771 7.99 (59.68) (124.36) (33.83) (24.19) (37.59) 5,786 14,349 998 6,784 2,184 4,600 (4,097) 10,252 2,881 Income Taxes Income After Taxes 7,371 7,371 7,373 22,315 Income from Continuous Operations 4,600 869 23.29 Net Income 4,589 14,503 (2,784) (7,812) (37.76) (35.01) (59.68) EBITDA EBIT Basic Shares Outstanding Shares Outstanding 5,786 3,973 3,999 1.16 14,349 3,969 4,002 (8,563) 4 0.10 (3) (0.7) $ (0.69) (0.08) (37.63) (37.50) Basic EPS 1.86 EPS - Earning Per Share $ 1.15 $1.84

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answer Income statement of 2016 2015 it can easily find that op... View the full answer