Question: Based on the given information for the Beagle Company below: Prepare a horizontal analysis of the income statement in good form including $ change and

Based on the given information for the Beagle Company below: Prepare a horizontal analysis of the income statement in good form including $ change and % change. Round percentages to one decimal point. Prepare a vertical analysis of the income statement in good form. Round percentages to one decimal point. Net sales Cost of goods sold Gross profit Selling and administration expenses Net income 2020 180,000 147,000 33,000 25,000 $ 8,000 2019 $150,000 120,000 30,000 18,000 $ 12,000
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