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Exerclse 13-3A (Algo) Horlzontal and vertical analysis LO 13-1 Income statements for Franklin Company for Year 3 and Year 4 follow: Required a. Perform a
Exerclse 13-3A (Algo) Horlzontal and vertical analysis LO 13-1 Income statements for Franklin Company for Year 3 and Year 4 follow: Required a. Perform a honzontal analysis showing the percentage change in each income statement component between Year 3 and Year 4. b. Perform a verical analysis, showing each income statement component as a percentage of sales for oach year
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