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The firm's comparative income statement and balance sheet for the years 2022 and 2021 follow. Required: 1-b. Complete both a horizontal and a vertical analysis

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image text in transcribed The firm's comparative income statement and balance sheet for the years 2022 and 2021 follow. Required: 1-b. Complete both a horizontal and a vertical analysis of comparative balance sheet for the years 2022 and 2021

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