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#4 : What is the concept of revaluation and sloe explain in detail its the effects of revaluation of assets on financial statements? Q#5: A)

#4 : What is the concept of revaluation and sloe explain in detail its the effects of revaluation of assets on financial statements? Q#5: A) What is the difference between Horizontal and Vertical Analysis? B) Conduct the Horizental analysis for HGY Company's income statement for the year ended 2016 is shown below along with the financial results for the year 2015.

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