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PLEASE ANSWER FAST Versatile Company Income Statements For the Years Ended December 31 2015 2014 Fees earned $ 762,000 $646,000 609,600 536,180 Operating expenses Income
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Versatile Company Income Statements For the Years Ended December 31 2015 2014 Fees earned $ 762,000 $646,000 609,600 536,180 Operating expenses Income from operations $152,400 $109,820 a. Prepare a vertical analysis of Versatile Company's income statements. Enter percents as whole numbers. Versatile Company Income Statements For the Years Ended December 31 2015 Amount 2015 Percent 2014 Amount 2014 Percent Fees earned $762,000 % $646,000 % Operating expel ses 609,600 % 536,180 % Income from operations $152,400 99% $109,820 % b. Does the vertical analysis indicate a favorable or an unfavorable trend
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