Search for news, symbols or companies finance Breakdown TTM 12/31/2019 12/31/2018 Total Revenue 261,972,000 256,776,000 194,579,000 Cost of Revenue 215,276,000 211,248,000 163,041,000 Gross Profit 46,696,000 45,528,000 31,538,000 > Operating Expenses 33,854,000 33,541,000 21,368,000 Operating Income or Loss 12,842,000 11,987,000 10,170,000 Interest Expense 2,986,000 3,035,000 2,619,000 Total Other Income/Expenses Net -19,000 45,000 -6,145,000 Income Before Tax 9,837,000 8,997,000 1,406,000 Income Tax Expense 2,621,000 2,366,000 2,002,000 Income from Continuing Operations 7,216,000 6,631,000 -596,000 Net Income 7,220,000 6,634,000 -594,000 Net Income available to common s. 7,222,000 6,634,000 -594,000 Basic EPS 5.10 -0.57 Diluted EPS 5.08 -0.57 Basic Average Shares 1,301,000 1,044,000

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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Perform horizontal analysis of the business’s income statement. Is the trend becoming more favorable, unfavorable or remaining constant? Explain your answer.

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finance
Breakdown
TTM
12/31/2019
12/31/2018
Total Revenue
261,972,000
256,776,000
194,579,000
Cost of Revenue
215,276,000
211,248,000
163,041,000
Gross Profit
46,696,000
45,528,000
31,538,000
> Operating Expenses
33,854,000
33,541,000
21,368,000
Operating Income or Loss
12,842,000
11,987,000
10,170,000
Interest Expense
2,986,000
3,035,000
2,619,000
Total Other Income/Expenses Net
-19,000
45,000
-6,145,000
Income Before Tax
9,837,000
8,997,000
1,406,000
Income Tax Expense
2,621,000
2,366,000
2,002,000
Income from Continuing Operations
7,216,000
6,631,000
-596,000
Net Income
7,220,000
6,634,000
-594,000
Net Income available to common s.
7,222,000
6,634,000
-594,000
Basic EPS
5.10
-0.57
Diluted EPS
5.08
-0.57
Basic Average Shares
1,301,000
1,044,000
Transcribed Image Text:Search for news, symbols or companies finance Breakdown TTM 12/31/2019 12/31/2018 Total Revenue 261,972,000 256,776,000 194,579,000 Cost of Revenue 215,276,000 211,248,000 163,041,000 Gross Profit 46,696,000 45,528,000 31,538,000 > Operating Expenses 33,854,000 33,541,000 21,368,000 Operating Income or Loss 12,842,000 11,987,000 10,170,000 Interest Expense 2,986,000 3,035,000 2,619,000 Total Other Income/Expenses Net -19,000 45,000 -6,145,000 Income Before Tax 9,837,000 8,997,000 1,406,000 Income Tax Expense 2,621,000 2,366,000 2,002,000 Income from Continuing Operations 7,216,000 6,631,000 -596,000 Net Income 7,220,000 6,634,000 -594,000 Net Income available to common s. 7,222,000 6,634,000 -594,000 Basic EPS 5.10 -0.57 Diluted EPS 5.08 -0.57 Basic Average Shares 1,301,000 1,044,000
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