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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 2022 and 2021 follow.
Required:
1-a. Complete both a horizontal and a vertical analysis of comparative income statement for the years 2022 and 2021.
1-b. Complete both a horizontal and a vertical analysis of comparative balance sheet for the years 2022 and 2021.
Analyze:
Based on your analysis, which expense category experienced the greatest percentage change?

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