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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 each

image text in transcribed Income statements for Puppy Daycare 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 Yea 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 vertical analysis, showing each income statement component as a percentage of sales for each year. Note: Round percentages to 1 decimal place

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