Calculator Print Item Horizontal Analysis Two income statements for Vaughn Company follow: Vaughn Company Income Statements For the Years Ended December 31 20Υ1 20YO Fees earned $716,800 $896,000 Operating expenses 557,760 672,000 Net income $159,040 $224,000 Prepare a horizontal analysis of Vaughn Company's income statements. Use the minus sign to indicate a dec Vaughn Company Income Statements For the Years Ended December 31 Amount Percent 20Υ1 20YO Increase/ Increase/ (Decrease) (Decrease) Fees earned $716,800 $896,000 S Operating expenses 557,760 672.000 Net income $159.040 s224,000 S

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Horizontal Analysis
Two income statements for Vaughn Company follow:
Vaughn Company
Income Statements
For the Years Ended December 31
20Υ1
20YO
Fees earned
$716,800
$896,000
Operating expenses
557,760
672,000
Net income
$159,040
$224,000
Prepare a horizontal analysis of Vaughn Company's income statements. Use the minus sign to indicate a dec
Vaughn Company
Income Statements
For the Years Ended December 31
Amount
Percent
20Υ1
20YO
Increase/
Increase/
(Decrease) (Decrease)
Fees earned
$716,800 $896,000 S
Operating expenses
557,760
672.000
Net income
$159.040 s224,000 S
Transcribed Image Text:Calculator Print Item Horizontal Analysis Two income statements for Vaughn Company follow: Vaughn Company Income Statements For the Years Ended December 31 20Υ1 20YO Fees earned $716,800 $896,000 Operating expenses 557,760 672,000 Net income $159,040 $224,000 Prepare a horizontal analysis of Vaughn Company's income statements. Use the minus sign to indicate a dec Vaughn Company Income Statements For the Years Ended December 31 Amount Percent 20Υ1 20YO Increase/ Increase/ (Decrease) (Decrease) Fees earned $716,800 $896,000 S Operating expenses 557,760 672.000 Net income $159.040 s224,000 S
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