The following items were taken from the financial statements of McGonigal Inc. over a four-year period: 
InstructionsUsing horizontal analysis and 2013 as the base year, calculate the horizontal percentages of a base period for net sales, cost of goods sold, and gross profit. Explain whether the trends are favourable or unfavourable for each item.
Definitions:
Persecution
The act of harassing or oppressing someone, especially because of their race, religion, gender, or beliefs.
Memory Accuracy
The extent to which a memory reflects the actual events that occurred.
Psychoanalytic Theory
A theory of personality organization and the dynamics of personality development that guides psychoanalysis, a clinical method for treating psychopathology.
Unconscious Wishes
Desires or thoughts that reside in the unconscious mind, influencing behavior without one's awareness.
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