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The comparative balance sheets of Philip Morns Companies, Inc., are presented here. (a) Prepare a horizontal analysis of the balance sheet data for Philip Morris,

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The comparative balance sheets of Philip Morns Companies, Inc., are presented here. (a) Prepare a horizontal analysis of the balance sheet data for Philip Morris, using2015 as a base (b) Prepare a vertical analysis of the balance sheet data for Philip Morris for 2016

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