For this assignment, write and submit the Income Statement Analysis for the organinzation Paychex.
Please use Yahoo Finance and reference to only 2 years, ( 2021,2020)
Only include the section asked for in this assignment.
Your assignment must follow all the formatting guidelines laid out in the final project (such as including APA formatted title page, references, and in-text citations).
Income Statement Analysis:
In this section, answer the following for the trend analysis: What are the total revenue, total costs of revenue, and net income for each year? How have these numbers changed over the three years, and what could be some reasons why these numbers have changed the way they have? In addition, pick at least one appropriate (for this statement) ratio or financial in addition to what is provided and calculate that and explain it.
(Refer to the ratios your previously calculated.)
The Industry Ratios can be found here: https://www.readyratios.com/sec/
*** Ive attached my two prior papers that are part of this research project for reference)***
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