Comparative statements for Warmer Corporation are shown below: Warmer Corporation Comparative Income Statements For the...
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Comparative statements for Warmer Corporation are shown below: Warmer Corporation Comparative Income Statements For the vears ended December 31 2014 $13,994 8,375 5,619 3.576 3,487 $2.132 2016 2015 Sales $14,800 $13,229 8.2256183 Cost of goods 8,66 sold Gross proft Operating expenses Operating ncome 6,575 4,568 $2,911 $992 Calculate trend percentages for all income statement amounts shown and comment on the results. Use 2014 the base year. Comment on the results
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