Question: need help with part b and c Here are the comparative income sements of Indigo Corporation 2016 w Cost of good old Gross Profit Operating

Here are the comparative income sements of Indigo Corporation 2016 w Cost of good old Gross Profit Operating coenses Nutcome INDIGO CORPORATION Comparative Income Statement For the Year Ended December 31 2017 3621,600 450,400 171,200 70,300 $100.900 $541.100 499,00 101.500 42,500 $50,000 Prepare a borontal analysis of the income statement data for Indigo Corporation, using 2016 satse (amount and paste are a decrease show the numbers a negative, .. -35,000, 204 (8,00004). Pour percentages to I decimal place.12.19.) INDIGO CORPORATION Comparative Income Statement Increase or (DPS) During 2017 Amount Percentage 2017 Net 3621,600 541,200 Cost of wild 450,400 499,00 Gr 171,200 101.500 Opening 70,300 42.50 Me income 100,000 89.000 (h) Prepare a vertical walysis of the income statement data for Indigo Corporation for both years and percentages to decimal place ... 12.14.) 2017 2016 Amount Net sales Percentage $621,600 $541,200 $ % Cost of goods sold 450,400 439,700 % Gross Profit 171,200 101,500 % Operating expenses 70,300 42,500 % Net Income $ 100,900 $ 59,000 % (b) Prepare a vertical analysis of the income statement data for Indigo Corporation for both years. (Round percentages to 1 decimal place, e.g. 12.1% INDIGO CORPORATION Condensed Income Statements 2017 2016 Percent $ Percent Net sales $621,600 $541,200 % Cost of goods sold 450,400 % 439,700 % Gross Profit 171,200 % 101,500 % Operating expenses 70,300 % 42,500 % Net Income $ 100,900 % $ 59,000 % Click if you would like to Show Work for this question: Open Show Work
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