Smith Corporation reported the following amounts on its 2021 comparative income statements: (Click the icon to view the data.) Perform a horizontal analysis of revenues, expenses, and net income-both in dollar amounts and in percentages-for 2021 and 2020. (Use a minus sign or parentheses for decreases. Enter all currency amounts in thousands as provided in the data. Round percentage changes to the nearest one-tenth of a percent, X.X%. Do not enter the % symbol in any of the input fields.) (In thousands) Revenues Expenses Net income Smith Corporation Horizontal Analysis Years Ended December 31, 2021, 2020 and 2019 2021 $ 20,289 $ 10,813 9,476 $ 9,648 $ $ 2020 2019 20,045 $ 18,449 10,397 10,130 8,319 2021 Amount Increase (Decrease) % % % C... % 2020 Amount % % % %
Smith Corporation reported the following amounts on its 2021 comparative income statements: (Click the icon to view the data.) Perform a horizontal analysis of revenues, expenses, and net income-both in dollar amounts and in percentages-for 2021 and 2020. (Use a minus sign or parentheses for decreases. Enter all currency amounts in thousands as provided in the data. Round percentage changes to the nearest one-tenth of a percent, X.X%. Do not enter the % symbol in any of the input fields.) (In thousands) Revenues Expenses Net income Smith Corporation Horizontal Analysis Years Ended December 31, 2021, 2020 and 2019 2021 $ 20,289 $ 10,813 9,476 $ 9,648 $ $ 2020 2019 20,045 $ 18,449 10,397 10,130 8,319 2021 Amount Increase (Decrease) % % % C... % 2020 Amount % % % %
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter2: Analyzing Transactions
Section: Chapter Questions
Problem 23E: The following data (in millions) are taken from the financial statements of Target Corporation: a....
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