Use the comparative income statement for Martins Floor Cov erings presented in Problem 24-lA. Instructions .. s

Question:

Use the comparative income statement for Martin’s Floor Cov¬

erings presented in Problem 24-lA.

Instructions

.. s 1. Using vertical analysis, prepare a comparative income statement for the twoyear period. Round off to one decimal place.

2. Comment on the percentage figures.

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College Accounting Chapters 1-26

ISBN: 9780395796993

6th Edition

Authors: Douglas J. McQuaig, Patricia A. Bille

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