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11. (10 points) Softex year are below. Prepare a Vertical analysis. Discuss the trends. and Sanibel Solutions are manufacturers of cotton products. Their income statements

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11. (10 points) Softex year are below. Prepare a Vertical analysis. Discuss the trends. and Sanibel Solutions are manufacturers of cotton products. Their income statements for a current Softex Sanibel Solutions $1,985,000 (1,046,000 (592,500 Revenues $2,456,000 (1,375,360 Selling, general, and administrative (785,920 Cost of services (expense) reciation and other expenses erating income (103,500 227,400

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