Abakada Trading Company are given below: 2014 2015 Revenue 1,939,500 1,674,675 Cost of Goods Sold 900,000 843,975 Gross Profit 1,039,500 830,700 Selling and General Expenses 445,500 409,725 Other Expenses 37,575 30,825 Net Income 556,425 390,150 nirements: - Prepare a Vertical Analysis Statement A of Comprehensive Income for 2014 and 2015 for Abakada Trading Company. . Prepare a horizontal analysis for Abakada Trading Company.

Abakada Trading Company are given below: 2014 2015 Revenue 1,939,500 1,674,675 Cost of Goods Sold 900,000 843,975 Gross Profit 1,039,500 830,700 Selling and General Expenses 445,500 409,725 Other Expenses 37,575 30,825 Net Income 556,425 390,150 nirements: - Prepare a Vertical Analysis Statement A of Comprehensive Income for 2014 and 2015 for Abakada Trading Company. . Prepare a horizontal analysis for Abakada Trading Company.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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