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The Alma Company and the Otis Corporation each reported the following: Required: A . Prepare a horizontal analysis on revenue, cost of goods sold and

The Alma Company and the Otis Corporation each reported the following:
Required:
A. Prepare a horizontal analysis on revenue, cost of goods sold and net income and assess the results.
B. Calculate all of the ratios presented in class for each company and assess the relative results. Round and state each ratio as presented in class.
C. Based on your results in requirement B, which company would you rather sell inventory to (if sold on account), make a long-term loan to and/or invest in? Briefly explain why for each.
D. If Alma borrowed $1,500 on a long-term loan in year 3, how would that transaction impact each ratio calculated in requirement b?
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