Prepare analysis of Paragon Company income statements

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Problem - Two income statements for Paragon Company follow: Prepare a horizontal analysis of Paragon Company's income statements.

Paragon Company Income Statement For Years Ended December 31

 

2019

2018

Fees earned

$1,416,000

$1,200,000

Operating expenses

1,044,000

900,000

Net income

$372,000

$300,000

Required - Prepare a horizontal analysis of Paragon Company's income statements.

Reference no: EM132678493

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