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Income statements for Gibson Company for Year 3 and Year 4 follow, Required 0. Perform a horizontal analysis, showing the percentage change in each income

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Income statements for Gibson Company for Year 3 and Year 4 follow, Required 0. Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4 b. Perform a vertical onalysis, showing each income statement component as o percentoge of sales for each yeat. 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 percentago answers to 1 decimal place, (i.e., 0.234 should be entered as 23.4 ). Perform a vertical analysis, showing each income statement compone may not add exactly due to rounding. Round your percentage answers 23.4).)

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