Question: Smework Question 1, S12-1 (similar to) HW Score: 0%, 0 of 10 points Points: 0 of 3 Save Smith Corporation reported the following amounts on
Smework Question 1, S12-1 (similar to) HW Score: 0%, 0 of 10 points Points: 0 of 3 Save Smith Corporation reported the following amounts on its 2021 comparative income statements: (Click the icon to view the data.) Perform a horizontal analysis of revenues, expenses, and net income-both in dollar amounts and in percentages-for 2021 and 2020. (Use a minus sign or parentheses for decreases. Enter all currency-amounts in thousands as provided in the data. Round percentage changes to the nearest one-tenth of a percent, XX%. Do not enter the % symbol in any of the input fields.) Smith Corporation Horizontal Analysis Years Ended December 31, 2021, 2020 and 2019 Increase (Decrease) Data table (In thousands) 2021 2020 2019 (In thousands) 2021 2020 Revenues $ 20,473 $ 20.998 $18,111 2021 2020 2019 Amount % Amount % 10,701 10,409 10,180 Expenses Revenues Expenses $ 20.473 $ 10,701 20,908 $ 10,409 18,111 % $ 2,887 15.9 % 9,772 $ 10,580 $ 7.931 10,180 Net Income % 229 22% $ 9,772 $1 10,500 $ 7,931 Net income % $ 2,658 33.5 % Print Done
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