The Following Is Summary of Information Presented on the Financial

Multiple Choice

The following is summary of information presented on the financial statements of a company on December 31, 2015. What would a horizontal analysis report show with respect to net income?

A) both net income before income tax expense and net income are 45.45% of net sales revenue
B) a $25,000 increase in net income
C) a 45.45% increase in net income
D) a 103% increase in net income