Prepare horizontal analysis of McCorkle income statements

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Problem - Two income statements for McCorkle Company follow:

McCorkle Company Income Statement For the Years Ended December 31

 

2019

2018

Fees earned

$210,000

$175,000

Operating expenses

172,500

150,000

Net income

$37,500

$25,000

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

Reference no: EM132699472

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