Question: View Policies Current Attempt in Progress Here are the comparative income statements of Splish Brothers Corporation. SPLISH BROTHERS CORPORATION Comparative Income Statements For the Years
View Policies Current Attempt in Progress Here are the comparative income statements of Splish Brothers Corporation. SPLISH BROTHERS CORPORATION Comparative Income Statements For the Years Ended December 31 December 31, 2022 December 31, 2021 Net sales $610,000 $500,000 Cost of goods sold 400,000 320,000 Gross profit 210,000 180,000 Operating expenses 140,000 120,000 Net income $70,000 $60,000 (a) Prepare a horizontal analysis of the income statement data for Splish Brothers Corporation using 2021 as a base. (If amour percentage are a decrease show the numbers as negative, eg-55,000,-12.1% or (55,000), (12.1%). Round percentages to 1 decim place, eg. 12.1%) SPLISH BROTHERS CORPORATION Comparative Income Statements For the Years Ended December 31 92 -->> 93 Q M W S EL 54 4 D Increase or (Decrease) During 2022 MacBook Pro G Search or type URL 45 6 4P 7 R T Y LL G 8 00 U H 69 1 J 0 O K estion 8 of 9 
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