Use the following information to do a horizontal analysis of Rae Company's income statement for the current year and prior year: 
What is the dollar change in selling/general expenses?
Definitions:
Price Ceiling
A government-imposed limit on how high a price can be charged for a product, service, or commodity, often to protect consumers.
Price Floor
A government or regulatory-imposed minimum price set for a particular good or service, below which it cannot be sold, often to protect producers or encourage production.
Surplus
The situation in which the quantity of a good or service supplied exceeds the quantity demanded at the existing price.
Price Ceiling
A price ceiling is a legal maximum price set by the government for certain goods or services to prevent prices from becoming prohibitively high.
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