Income statements for Adams Company for Year $3$ and Year $4$ follow: Required o$.$ Perform a horizontal analysis, showing the percentage change in each income statement component between Year $3$ and Year $4.$ b$.$ Perform a vertical analysis, showing each income statement component as a percentage of sales for each year. Complete this question by entering your answers in the tabs below. Perform a horizontal analysis, showing the percentage change in each income statement component between Year $3$ and Year $4.($Negative answers should be indicated by a minus sign, Round your answers to $1$ decimal place. $(1.$e$.,\backslash (0\mathrm{.}234\backslash )$ should beIncome statements for Adams Company for Year $3$ and Year $4$ follow:

Required

a$.$ Perform a horizontal analysis, showing the percentage change in each income statement component between Year $3$ and Year $4.$

b$.$ Perform a vertical analysis, showing each income statement component as a percentage of sales for each year.

Complete this question by entering your answers in the tabs below.

Required A

Perform a vertical analysis, showing each income statement component as a percentage of sales for each year. $($Percentages

may not add exactly due to rounding. Round your percentage answers to $1$ decimal place. $($i$.$e$.,0\mathrm{.}234$ should be entered as

$23\mathrm{.}4).)$