Question: please complete all the requirements. thank you Data for McClane Designs, Inc. follow (Click the icon to view the data.) Read the requirements Requirement 1.

Data for McClane Designs, Inc. follow (Click the icon to view the data.) Read the requirements Requirement 1. Prepare a horizontal analysis of the comparative Income statement of McClane Designs, Inc. Round percentage changes to one decimal place. (Round the percentages to one decimal place, XX%. Use a minus sign or parentheses to indicate a decrease.) McClane Designs, Inc. Requirements Comparative Income Statement Years Ended December 31, 2018 and 2017 Increase (Decrease) 1. Prepare a horizontal analysis of the comparative income statement of 2018 2017 Amount Percentage McClane Designs, Inc. Round percentage changes to one decimal place, 2. Why did 2018 net income increase by a higher percentage than net sales Net Sales Revenue $ 431,250 $ 372,000 revenue? Expenses: Cost of Goods Sold 204,950 187,550 Print Done Seling and Administrative Expenses 100,050 95,000 Other Expenses 6,000 3,000 311,000 Total Expenses 285,550 $ 120,250 $ 86,450 Net Income Enter any number in the edit fields and then click Check Answer. Clear Al Check Answer 1 part remaining su 9 Data for McClane Designs, Inc. follow m (Click the loon to view the data.) Read the requirements Data Table pecimal McClane Designs, Inc Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 $ 431,250 $ 372.000 Requirement 1. Prepare a horizontal analysis of the comparative Income statement of McClane Designs, Ing place, XX%. Use a minus sign or parentheses to indicate a decrease.) McClane Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Increase (Decrease) 2018 2017 Amount Percentage Net Sales Revenue $ 431,250 $ 372,000 Expenses Cost of Goods Sold 204,950 187.550 Seling and Administrative Expenses 100,050 95,000 6,000 3,000 Other Expenses 311,000 Total Expenses 285,550 $ 120,250 $ 86,450 Net Income 187.550 Net Sales Revenue Expenses Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses Net Income 204,950 100050 6.000 95,000 3,000 311.000 285,550 $ 120.250 $ 36.450 Print Done Enter any number in the edit fields and then click Check Answer Check Answer Clear All 1 part remaining 9
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