ED-15 Performing horizontal analysis—income statement
Data for Mariner Designs, Inc. follow:
ED-15 Performing horizontal analysis—income statement
Data for Mariner Designs, Inc. follow:
Learning Objective 2
1. Net Income 42.3%
>
8,350
$ 431,000 $ 372,350
187,550
91,050
6,850
2015
285,450
2014
MARINER DESIGNS, INC.
Comparative Income Statement
Years Ended December 31, 2015 and 2014
Net Sales Revenue
Expenses:
Cost of Goods Sold
Selling and Administrative Expenses
Other Expenses
Total Expenses
Net Income
307,350
$ 123,650 $ 86,900
200,000
Requirements
1. Prepare a horizontal analysis of the comparative income statement of Mariner
The post complete exercises ed 15 ed 16 ed 20 ed 21 and comprehensive problem d textbook prepare your appeared first on BlueOrigin EssayWriters.
