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Please help!! Income statements for Benson Company for Year 3 and Year 4 follow: Required a. Perform a horizontal analysis, showing the percentage change in

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Income statements for Benson Company for Year 3 and Year 4 follow: 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. BENSON 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) \begin{tabular}{|l|l|} \hline & % \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} BENSON COMPANY Vertical Analysis of Income Statements

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