Question: need help with horizontal analysis need help finding horizontal analysis please help explain what info is missing . Common-She Finknelal statement Anolywis Uwing Excal Peguirent:


Common-She Finknelal statement Anolywis Uwing Excal Peguirent: X Whet bul in owi Nere te ina (2) Rerien itren \begin{tabular}{l|c|c|c|c|c|} Line Items & Year 1 & Year 2 & Year 3 & Year 4 & Year 5 \\ \hline Net Sales & $125,000.00 & 115,000.00 & $105,000.00 & $135,000.00 & $145,000.00 \\ \hline Less: Cost of Goods Sold & ($60,000.00) & $65,000.00) & ($60,000.00) & ($70,000.00) & ($65,000.00) \\ \hline Gross Margin & $65,000.00 & $50,000.00 & $45,000.00 & $65,000.00 & $80,000.00 \\ \hline Less: Operating Expense & ($35,000.00) & $27,500.00) & ($25,000.00) & ($40,000.00) & ($47,500.00) \\ \hline Less: Taxes & ($11,000.00) & ($8,200.00) & ($7,500.00) & ($10,500.00) & ($12,500.00) \\ \hline Net Income & $19,000.00 & $14,300.00 & $12,500.00 & $14,500.00 & $20,000.00 \\ \hline \end{tabular} Common-She Finknelal statement Anolywis Uwing Excal Peguirent: X Whet bul in owi Nere te ina (2) Rerien itren \begin{tabular}{l|c|c|c|c|c|} Line Items & Year 1 & Year 2 & Year 3 & Year 4 & Year 5 \\ \hline Net Sales & $125,000.00 & 115,000.00 & $105,000.00 & $135,000.00 & $145,000.00 \\ \hline Less: Cost of Goods Sold & ($60,000.00) & $65,000.00) & ($60,000.00) & ($70,000.00) & ($65,000.00) \\ \hline Gross Margin & $65,000.00 & $50,000.00 & $45,000.00 & $65,000.00 & $80,000.00 \\ \hline Less: Operating Expense & ($35,000.00) & $27,500.00) & ($25,000.00) & ($40,000.00) & ($47,500.00) \\ \hline Less: Taxes & ($11,000.00) & ($8,200.00) & ($7,500.00) & ($10,500.00) & ($12,500.00) \\ \hline Net Income & $19,000.00 & $14,300.00 & $12,500.00 & $14,500.00 & $20,000.00 \\ \hline \end{tabular}
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