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The comparative condensed income statements of Forest Corporation are shown below. Instructions (a) Prepare a horizontal analysis of the income statement data for Forrest Corporation

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The comparative condensed income statements of Forest Corporation are shown below. Instructions (a) Prepare a horizontal analysis of the income statement data for Forrest Corporation using 2016 as a base. (Show the amounts of increase or decrease.) (b) Prepare a vertical analysis of the income statement data for Forrest Corporation in columnar form for both years

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