Revenues RUNDLE COMPANY Horizontal Analysis of Income Statements Year 4 Year 3 Sales (net) Other revenues Total revenues Expenses Cost of goods sold Selling, general, and administrative expenses Interest expense Income tax expense Total expenses Net income (loss) $ $ 230,900 210,100 9,200 6,900 240,100 217,000 119,800 101,200 53,200 49,200 5,400 21,800 6,200 22,800 202,000 177,600 $38,100 $39,400

Revenues RUNDLE COMPANY Horizontal Analysis of Income Statements Year 4 Year 3 Sales (net) Other revenues Total revenues Expenses Cost of goods sold Selling, general, and administrative expenses Interest expense Income tax expense Total expenses Net income (loss) $ $ 230,900 210,100 9,200 6,900 240,100 217,000 119,800 101,200 53,200 49,200 5,400 21,800 6,200 22,800 202,000 177,600 $38,100 $39,400

Name: Prepare a horizontal analysis of both the balance sheet and income st
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Description: Prepare a horizontal analysis of both the balance sheet and income statement.Complete this question by entering your answers in the tabs below.Analysis AnalysisBal Sheet Inc StmtPrepare a horizontal analysis of the income statement. (Negative answer

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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