Horizontal analysis Two income statements for Paragon Company follow Paragon Company Income Statements For the...
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Horizontal analysis Two income statements for Paragon Company follow Paragon Company Income Statements For the Years Ended December 31 20Y7 20Y6 Fees 1 815 000 1 500 000 earned Expenses 1 344 000 1 200 000 471 000 300 000 Net income Prepare a horizontal analysis of Paragon Company s income statements If required round your percentage to the nearest whole number Paragon Company Income Statements For the Years Ended December 31 Increase Decrease Amount Percent 20Y7 20Y6 Fees earned 1 815 000 1 500 000 Expenses 1 344 000 1 200 000 Net income 471 000 300 000
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