regan corporations horizontal analysis years end december 31

regan corporations horizontal analysis years end december 31 2016, 2015 and 2014. Perform a horizontal analysis of revenues and net income bot dollar amounts and net income for 2016 and 2015

Revenue 2016 2015 2014 2016 amount % 2015 amount %

20,502 20,035 18,445 467 2.3 1590 8.6

total expense 10,815 10,402 10,120

Net Income 9687 9,633 8,325

what is the net income for 2016 and 2015 and the percentage

Solution

2016 2015 2014 2016 2015 Amount % Amount % Revenue 20502 20035 18445 467 2.3% 1590 8.6% Expenses 10815 10402 10120 413 4.0% 282 2.8% Net income 9687 9633 8325 54 0.6% 1308 15.7%