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May someone please help me. Thank you Vertical Analysis of Income Statement Revenue and expense data for innovation Quarter inc, for two recent years are
May someone please help me. Thank you
Vertical Analysis of Income Statement Revenue and expense data for innovation Quarter inc, for two recent years are as follows: a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. Round to the nearest whole percentage. Innovation Quarter Inc. Comparative Income Statement. b. The vertical analysis indicates that the cost of goods sold as a percent of sales by 5 percentage points, while selling experises by 3 percentage points, and administrative expenses by 3 percentage pointst Thus, net income as a percent of sales by 5 perctntage points Step by Step Solution
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