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Req 1 Req 2B Req 2A Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round percentage values to 1

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Req 1 Req 2B Req 2A Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round percentage values to 1 decimal place.) IN SIGNIA CORPORATION Income Statements (amounts in billions) For the Year Ended December 31 2015 2014 Revenues Cost of Crude Oil and Products Other Operating Costs Income before Income Tax Expense ncome Tax Expense Net Income 5 127 64 57 %l s 263 151 53 59 45 96 Req 1 Req 2B Req 2A Excluding income tax and other operating costs, did Insignia Corporation earn more profit per dollar of revenue in 2015 compared to 2014? OYes No

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