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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