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Income statements for Puppy Daycare Company for Year 3 and Year 4 follow: Required: a . Perform a horizontal analysis, showing the percentage change in
Income statements for Puppy Daycare Company for Year and Year follow:
Required:
a Perform a horizontal analysis, showing the percentage change in each income statement component between Year and Year
b Perform a vertical analysis, showing each income statement component as a percentage of sales for each year.
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Perform a horizontal analysis, showing the percentage change in each income statement component between Year and Year
Note: Round percentages to decimal place. Negative amounts should be entered with a minus sign.
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