CAT Balance Sheet

MMM Balance Sheet

Requirements:

. Do the following for CAT and MMM for the Year ended 12/31/21 only.

A.Perform a vertical analysis of the Income Statement for CAT and MMM for the year ended 12/31/21.

Include in your vertical analysis all of following as a % of total revenue:

1. Cost of Revenue as a % of Total Revenue.

2. Gross Profit as a % of Total Revenue.

3. Selling, gen and admin. expenses as a % of Total Revenue.

4. Operating Income as a % of Total Revenue.

5. Net Income from Common Stockholders as a % of Total Revenue.

VERTICAL ANALYSIS STRENGTHS AND WEAKNESSES VERTICAL ANALYSIS STRENGTHS AND WEAKNESSES