a. a vertical analysis of Versatile Company's income statements.Enter percents as whole numbers.

Vertical Analysis Two income statements for Versatile Company follow: Versatile Company Income Statements For the Years Ended December 31 20Y5 20Y4 Fees earned $671,000 $569,000 Operating expenses 509,960 460,890 Income from operations $161,040 $108,110 a. Prepare a vertical analysis of Versatile Company's income statements. Enter percents as whole numbers. Versatile Company Income Statements For the Years Ended December 31 20Y5 Amount 20Y5 Percent 20Y4 Amount 20Y4 Percent Fees earned $671,000 100 $569,000 100 V% Operating expenses 509,960 X % 460,890 77 X% Income from operations $161,040 0/ $108,110 o/c Feedback