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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

image text in transcribedimage text in transcribed 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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