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Problem 9-17 Horizontal analysis LO 9-1 Section B I am unsure, did I complete...

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Accounting

Problem 9-17 Horizontal analysis LO 9-1 Section B

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I am unsure, did I complete the Horizantal Analysis of the income statement correct?

nalysis Bal Analysis Inc Sheet Stmt Prepare a horizontal analysis of the income statement. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., .234 should be entered as 23.4).) THORNTON COMPANY Horizontal Analysis of Income Statements 2019 2018 Percentage Change Revenues S 231,700 S210,100 5,800 215,900 10.3% 65.5 11.8 Sales (net) Other revenues 9,600 Total revenues 241,300 Expenses Cost of goods sold Selling, general, and administrative expenses Interest expense Income tax expense 101,900 49,100 6,900 20,600 178,500 $ 38,900S 37,400 119,800 53,300 7,700 21,600 202,400 17.6 8.6 11.6 4.9 13.4 Total expenses Net income (loss) 4.01% Analysis Bal Sheet Inc Stmt

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