The following is a summary of information presented on the financial statements of a company on December 31,2019. 
With respect to net sales revenue,a horizontal analysis reveals ________.
Definitions:
Bonds
Fixed income investments representing a loan made by an investor to a borrower, often corporate or governmental, which pays periodic interest payments.
Discount
A reduction from the full price or value of a good, service, or financial instrument.
Face Amount
The nominal value stated on the face of a financial instrument, such as a bond, that the issuer promises to pay at maturity.
Prepaid Property Tax
An expense recorded when property taxes are paid in advance before they are due, treated as an asset on the balance sheet.
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