Below is the comparative income statement of Horton, Inc. Requirements 1. Prepare a horizontal…Below is the comparative income statement of Horton, Inc. Requirements 1. Prepare a horizontal…

Below is the comparative income statement of Horton, Inc. Requirements 1. Prepare a horizontal analysis of the comparative income statement of Horton, Inc. Round percentage changes to the nearest tenth of a percent. 2. Why did net income increase by a higher percent than total revenues increased during2012?