Lucas County, Ohio, presented this table in its comprehensive annual financial report for the fiscal year ended December 31, 2006.

Required

a. Complete a horizontal common-size analysis. Use the Total column as the base.

b. Comment on the results of the horizontal common-size analysis.

c. Complete a vertical common-size analysis. Use 1997 as the base.

d. Comment on the results of the vertical common-size analysis.

Table 5 Lucas County, Ohio Tax Revenues by Source Last Ten Fiscal Years (Amounts in 000's) Fiscal General Property Tangible Personal Property County Transfer Sales Fiscal Year Tax Tax Tax Tax Total Year 1997 $63,821 $12,289 $3,006 $61,935 $141,051 1997 1998 66,516 12,799 3,629 65,045 147,989 1998 1999 69,124 14,021 3,638 70,441 157,224 1999 2000 69,697 15,960 3,598 71,574 160,829 2000 2001 76,203 13,953 3,760 70,480 164,396 2001 2002 86,817 16,948 3,879 68,211 175,855 2002 2003 88,799 16,226 4,398 67,007 176,430 2003 2004 90,769 15,170 4,718 69,958 180,615 2004 2005 91,873 15,169 5,183 70,601 182,826 2005 2006 87,093 16,051 4,557 70,824 178,525 2006