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Instructions a) Prepare a horizontal analysis of the income statement data for Delaney Corporation, using 2021 as a base. (Show the amounts of increase or

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Instructions a) Prepare a horizontal analysis of the income statement data for Delaney Corporation, using 2021 as a base. (Show the amounts of increase or decrease.) b) Prepare a vertical analysis of the income statement data for Delaney Corporation for both years. Compute liquidity ratios

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