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lertical analysis of income statement 20Y2, Tri-Comic Company Initiated a sales promotion campaign that included the expenditure of an additional $50,000 for advertising. At the
lertical analysis of income statement 20Y2, Tri-Comic Company Initiated a sales promotion campaign that included the expenditure of an additional $50,000 for advertising. At the end of the vear, Lum leer, the president, is presented with the following condensed comparative income statement: 1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to sales for each of the years. Round percentages to one decimal place. For those boxes in which you must enter subtracted or negative numbers use a minus sign. 1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to sales for each of the years. Round percentages to one decimal place. For those boxes in which you must enter subtracted or negative numbers use a minus sign
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