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Please help! Income statements for Rundle Company for Year 3 and Year 4 follow: Requlred o. Perform a horizontal analysis, showing the percentage change in
Please help!
Income statements for Rundle Company for Year 3 and Year 4 follow: Requlred o. 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. Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4. Note: Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., 0.234 should be entered as 23.4). Income statements for Rundle Company for Year 3 and Year 4 follow: Required o. 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. Perform a vertical analysis, showing each income statement component as a percentage of sales for each year. Note: Percentages may not add exactly due to rounding. Round your answers to 1 decimal place. (i.e., 0.234 should be entered as 23.4)Step by Step Solution
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