E12-31B. (Learning Objective 3: Preparing a common-size Income Statement) Compare the year 20X6 common-size Income Statement you

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E12-31B. (Learning Objective 3: Preparing a common-size Income Statement) Compare the year 20X6 common-size Income Statement you performed earlier in E12-21B. How does this compare to Nestlé’s vertical analysis in Exhibit 12-4? You may need to combine a few line items to make the common-size statements comparable.

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