Business, 09.07.2019 00:20 enm01

Here are the comparative income statements of bridgeport corp..
bridgeport corp.
comparative income statement for the years ended december 31
2017 2016
net sales $612,400 $531,500
cost of goods sold 447,500 409,400
gross profit 164,900 122,100
operating expenses 78,000 49,600
net income $ 86,900 $ 72,500
prepare a horizontal analysis of the income statement data for bridgeport corp., using 2016 as a base. (if amount and percentage are a decrease show the numbers as negative, e. g. -55,000, -20% or (55,000), (20%). round percentages to 1 decimal place, e. g. 12.1%.)

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Here are the comparative income statements of bridgeport corp..
bridgeport corp.
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