Using the following operating data for Complex Corporation illustrate horizontal analysis. $\begin{array} { l r r r }
& { 2017 } & { 2016 } \
\text { Net sales } & \$ 350,000 & \$ 300,000 \
\text { Cost of goods sold } & 240,000 & 160,000 \
\text { Operating expenses } & 80,000 & 120,000 \
\text { Net income } & 30,000 & 20,000
\end{array}$

Question

Using the following operating data for Complex Corporation illustrate horizontal analysis. $\begin{array} { l r r r } 
& { 2017 } &  { 2016 } \
\text { Net sales } & \$ 350,000 &  \$ 300,000 \
\text { Cost of goods sold } & 240,000  & 160,000 \
\text { Operating expenses } & 80,000  & 120,000 \
\text { Net income } & 30,000  & 20,000
\end{array}$

Quizplus · Accepted Answer

The Answer of Using the following operating data for Complex Corporation illustrate horizontal analysis. $\begin{array} { l r r r } 
& { 2017 } &  { 2016 } \
\text { Net sales } & \$ 350,000 &  \$ 300,000 \
\text { Cost of goods sold } & 240,000  & 160,000 \
\text { Operating expenses } & 80,000  & 120,000 \
\text { Net income } & 30,000  & 20,000
\end{array}$

Using the Following Operating Data for Complex Corporation Illustrate Horizontal