Question: Comparative Analysis (Horizontal Analysis) 2018 2019 $ change % change Revenue 450,000 500,000 Cost of Sales 270,000 300,000 Gross Margin 180,000 200,000 Operating expense 160,000

Comparative Analysis (Horizontal Analysis)

2018 2019 $ change % change

Revenue

450,000 500,000
Cost of Sales 270,000 300,000
Gross Margin 180,000 200,000
Operating expense 160,000 150,000
Operating income 20,000 50,000

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