Provide a brief summary of what you found in the vertical analysis. For example, comment on what the %s tell you about the company. You don't have to do every item. Simply pick out some of the higher and lower %s that you feel are most important (telling) about the company. Your comments should include the balance sheet and the income statement.

I was able to do the Vertical Analysis but need help with this part!

Allendale Company Balance Sheets As of December 31 HORIZONTAL YEAR 4 YEAR 3 INCREASE/(DECREASE % 40000 36000 4000 20000 6000 14000 54000 46000 8000 135000 143000 -8000 25000 10000 15000 274000 241000 33000 27000 20000 7000 270000 255000 15000 29000 24000 5000 600000 540000 60000 VERTICAL % 11.11% 6.67% 233.33% 3.33% 17.39% 9.00% -5.59% 22.50% 150.00% 4.17% 13.69% 45.67% 35.00% 4.50% 5.88% 45.00% 20.83% 4.83% 11.11% 100.00% 6.67% 1.11% 8.52% 26.48% 1.85% 44.63% 3.70% 47.22% 4.44% 100.00% Statement of Income and Retained Earnings As of December 32 Year 4 Year 3 230000 8000 238000 21000 5000 215000 Horizontal Increae/ (Decrease) % 20000 3000 23000 Vertical% Year 4 Year 3 9.52 96.64 97.67 60 3.36 2.33 10.7 100 100 Revenues Sales (Net) Other Revenues Total Revenues Expenses COGS Selling, General, and Administrative Interest Expense Income Tax Expense Total Expense Net Earnings Per Income 16.5 10 120000 55000 8000 23000 206000 32000 103000 50000 7200 22000 182200 32800 17000 5000 800 1000 23800 -800 11.11 4.55 13.06 -2.44 50.42 23.11 3.36 9.66 86.55 13.45 47.91 23.26 3.35 10.23 84.74 15.26 Retained Earnings January 1 Less: Preferred Stock Dividends Common Stock Dividens Retained Earnings December 31 132000 3200 4600 156200 107000 3200 4600 132000 25000 0 0 24200 23.36 0 0 18.33 84.51 2.05 2.94 100 81.06 2.42 3.48 100 Allendale Company Balance Sheets As of December 31 HORIZONTAL YEAR 4 YEAR 3 INCREASE/(DECREASE % 40000 36000 4000 20000 6000 14000 54000 46000 8000 135000 143000 -8000 25000 10000 15000 274000 241000 33000 27000 20000 7000 270000 255000 15000 29000 24000 5000 600000 540000 60000 VERTICAL % 11.11% 6.67% 233.33% 3.33% 17.39% 9.00% -5.59% 22.50% 150.00% 4.17% 13.69% 45.67% 35.00% 4.50% 5.88% 45.00% 20.83% 4.83% 11.11% 100.00% 6.67% 1.11% 8.52% 26.48% 1.85% 44.63% 3.70% 47.22% 4.44% 100.00% Statement of Income and Retained Earnings As of December 32 Year 4 Year 3 230000 8000 238000 21000 5000 215000 Horizontal Increae/ (Decrease) % 20000 3000 23000 Vertical% Year 4 Year 3 9.52 96.64 97.67 60 3.36 2.33 10.7 100 100 Revenues Sales (Net) Other Revenues Total Revenues Expenses COGS Selling, General, and Administrative Interest Expense Income Tax Expense Total Expense Net Earnings Per Income 16.5 10 120000 55000 8000 23000 206000 32000 103000 50000 7200 22000 182200 32800 17000 5000 800 1000 23800 -800 11.11 4.55 13.06 -2.44 50.42 23.11 3.36 9.66 86.55 13.45 47.91 23.26 3.35 10.23 84.74 15.26 Retained Earnings January 1 Less: Preferred Stock Dividends Common Stock Dividens Retained Earnings December 31 132000 3200 4600 156200 107000 3200 4600 132000 25000 0 0 24200 23.36 0 0 18.33 84.51 2.05 2.94 100 81.06 2.42 3.48 100