Financial Statement Horizontal and Vertical Analysis Calculating and analyzing trend percents Selected comparative financial statements of Jackson Company follow. Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base year. 2. Refer to the results from part 1. (d) Did sales grow steadily over this penod? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base 2. Refer to the results from part 1. (d) Did sales grow steadily over this period? (b) Did net income as a percent of sales gro past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Refer to the results from part 1. (a) Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period? Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base year. 2. Refer to the results from part 1. () Did sales grow steadily over this period? (b) Did net income as a percent of sates grow over the past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Complete the below table to calculate the trend percents for all components of comparative income statements using 2015 as the base year, (Round yo percentage answers to 1 decimal placo.) past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Complete the below table to calculate the trend percents for all components of comparative balance shieets using 2015 as the base year (fround your percentage answers to 1 decintal place.) Computing and interpreting common-size percents Express the following comparative income statements in common-size percents. Using the common-size percents, which item is most responistble for the decline in net income? Complete this question by entering your answers in the tabs below. Express the following comparative incorne statements in common-size percents. (Round your percentage answers to 1 ) decimal place.) Computing and interpreting common-size percents Express the following comparative income statements in common-size percents. Using the common-size percents, which item is mos responsible for the decline in net income? Complete this question by entering your answers in the tabs below. Using the common-size percents, which item is most rosponsible for the decline in not income? Financial Statement Horizontal and Vertical Analysis Calculating and analyzing trend percents Selected comparative financial statements of Jackson Company follow. Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base year. 2. Refer to the results from part 1. (d) Did sales grow steadily over this penod? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base 2. Refer to the results from part 1. (d) Did sales grow steadily over this period? (b) Did net income as a percent of sales gro past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Refer to the results from part 1. (a) Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period? Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base year. 2. Refer to the results from part 1. () Did sales grow steadily over this period? (b) Did net income as a percent of sates grow over the past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Complete the below table to calculate the trend percents for all components of comparative income statements using 2015 as the base year, (Round yo percentage answers to 1 decimal placo.) past four years? (c) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Complete the below table to calculate the trend percents for all components of comparative balance shieets using 2015 as the base year (fround your percentage answers to 1 decintal place.) Computing and interpreting common-size percents Express the following comparative income statements in common-size percents. Using the common-size percents, which item is most responistble for the decline in net income? Complete this question by entering your answers in the tabs below. Express the following comparative incorne statements in common-size percents. (Round your percentage answers to 1 ) decimal place.) Computing and interpreting common-size percents Express the following comparative income statements in common-size percents. Using the common-size percents, which item is mos responsible for the decline in net income? Complete this question by entering your answers in the tabs below. Using the common-size percents, which item is most rosponsible for the decline in not income