Question: I cannot figure out the percentage changes HORIZONTAL ANALYSIS ETHAN ALLEN INTERIORS, INC. DOLLAR PERCENTAGE INCOME STATEMENT 2020 2019 CHANGE CHANGE NET SALES 589,837 746,684
I cannot figure out the percentage changes
| HORIZONTAL ANALYSIS | |||||
| ETHAN ALLEN INTERIORS, INC. | DOLLAR | PERCENTAGE | |||
| INCOME STATEMENT | 2020 | 2019 | CHANGE | CHANGE | |
| NET SALES | 589,837 | 746,684 | (156,847) | ||
| COST OF SALES | 266,705 | 337,193 | (70,488) | ||
| GROSS PROFIT | 323,132 | 409,491 | (86,359) | ||
| SELLING, GEN & ADMIN EXPENSES | 311,507 | 356,880 | (34,373) | ||
| INCOME TAX EXPENSE | 5,289 | 8,162 | (2,873) | ||
| NET INCOME | 8,900 | 25,698 | (16,798) |
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