Elie Corporation's armual soles and net income data for the years 2014.2020 as woll as...
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Elie Corporation's armual soles and net income data for the years 2014.2020 as woll as the company's 2020 and 2019 cormparativo incorme statemoris are presented beiow. (Click on the icon to wher arvued sales and nel income data for the yoars 20142020.) (Click the ioon to view the comparative income ktalernent) Road the Requirement 1. Perfomm a trend analytis of saios revencies and net income for the yeas 2014-2020, using 2014 as the base yoar Comment on the rosuits Begn by performing the trend analysis tor the sales revenue, then for the net income. (Round your answers to the neareat whole percent. XY/,) Comparative income statement Annual sales and net income data Requirements 1. Perform a trend analysis of sales revenues and net income for the years 2014-2020, using 2014 as the base year. Comment on the results. 2. Perform a horizontal analysis of the income statements for the years 2019-2020 and comment on the results. 3. Perform a vertical analysis of the income statements for the years 2019-2020 and comment on the results
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