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Melia Corporation makes cell phone covers and has the following comparative income statement for the years ended December 31, 2025 and 2024: Begin by completing

Melia Corporation makes cell phone covers and has the following comparative income statement for the years ended December 31, 2025 and 2024: Begin by completing a horizontal analysis of Melia Corporation's income statement.

Perform a horizontal analysis and a vertical analysis of Melia Corporation. State whether 2025 was a good year or a bad year, and give your reasons.

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