The Interpublic Group of Companies balance sheet from its 1998 annual report is presented in Exhibit 5-4.
Question:
The Interpublic Group of Companies balance sheet from its 1998 annual report is presented in Exhibit 5-4.
Required
a. Using the balance sheet, prepare a vertical common-size analysis for 1998 and 1997. Use total assets as a base.
b. Using the balance sheet, prepare a horizontal common-size analysis for 1998 and 1997. Use 1997 as the base.
c. Comment on significant trends that appear in
(a) and (b).
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Related Book For 
Financial Reporting And Analysis Using Financial Accounting Information
ISBN: 9780324023534
8th Edition
Authors: Charles H Gibson
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