Question: AP-18A LO 2 Perform a horizontal analysis for Groff Inc. Use 2015 as the base year and comment on the results. Groff Inc. In Millions

AP-18A LO 2 Perform a horizontal analysis for Groff Inc. Use 2015 as the base year and comment on the results. Groff Inc. In Millions of Dollars 2015 2016 2017 2018 200 300 Sales Revenue 400 500 120 Net Income 144 158 166 Groff Inc. In Millions of Dollars 2015 2016 2018 2017 Sales Revenue 3 60 500 200 Revenue Ratio Net Income Net Income Ratio

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