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Vertical Analysis of Income Statement Revenue and expense data for Tribal Technologies Co. are as follows: a. Prepare an income statement in comparative form, stating
Vertical Analysis of Income Statement Revenue and expense data for Tribal Technologies Co. are as follows: a. Prepare an income statement in comparative form, stating each item for both 20Y8 and 20Y7 as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as a positive number. b. Which of the following are true regarding the vertical analysis for Tribal
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