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The firm s comparative income statement and balance sheet for the years 2 0 2 2 and 2 0 2 1 follow. Required: 1 -
The firms comparative income statement and balance sheet for the years and follow.
Required:
a Complete both a horizontal and a vertical analysis of comparative income statement for the years and
b Complete both a horizontal and a vertical analysis of comparative balance sheet for the years and
Analyze:
Based on your analysis, which expense category experienced the greatest percentage change?Anolyze:
Based on your analysis, which expense category experienced the greatest percentage change?
Complete this question by entering your answers in the tabs below.
Complete both a horizontal and a vertical analysis of comparative income statement for the years and Round your percentage an
decimal place. ie should be entered as Decreases in amounts and percents should be indicated with a minus sign.
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