Question: Perform a horizontal analysis for Groff Inc. Use 2016 as the base year. Do not enter dollar signs or commas in the input boxes. Round

Perform a horizontal analysis for Groff Inc. Use 2016 as the base year.

Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places.

Groff Inc. In Millions of Dollars
2019 2018 2017 2016
Revenue $500 $400 $300 $200
Revenue Ratio Answer% Answer% Answer% Answer%
Net Income $166 $158 $144 $120
Net Income Ratio Answer% Answer% Answer% Answer%

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