please ansnwer A and B
Exercise 13-3A (Algo) Horizontal and vertical analysis LO 13-1 Income statements for Zachary Company for Year 3 and Year 4 follow: BACHARY COMPANY Income statements Year 4 Sales $200,100 Cost of goods sold 143, 100 Selling expenses 20,900 Administrative expenses 12,400 Interest expense 3,100 Total expenses $179,500 Income before taxes 20,600 Income taxes expense 5,800 Net income S 14,800 Year 3 $180,100 121,100 18,900 14400 5, 100 $159,500 20,600 3,200 $ 17,400 Required a. Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4. 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. Required A Required B Complete this question by entering your answers in the tabs below. Required A Required B Perform a horizontal analysis, showing the percentage change in each incom 4. (Negative answers should be indicated by a minus sign. Round your answe entered as 23.4).) ZACHARY COMPANY Horizontal Analysis of Income Statements Percentage Change over Year 3 Sales % Cost of goods sold Selling expenses Administrative expenses Interest expense Total expenses Income before taxes Income taxes expense Net income (loss) % Complete this question by entering your answers in the ti Required A Required B Perform a vertical analysis, showing each income statement comp may not add exactly due to rounding. Round your answers to 1 de ZACHARY COMPANY Vertical Analysis of Income Statements Percentage of Percentage of Sales Year 4 Sales Year 3 Sales % % Cost of goods sold Selling expenses Administrative expenses Interest expense Total expenses Income before taxes Income taxes expense Net income % %