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Vertical Analysis of Income statement Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: a. Prepare an income Iraternent

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Vertical Analysis of Income statement Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: a. Prepare an income Iraternent in comparative form, stating each item for both years as a percent of sales. If required, round percentages to one decima Enter all amounts as positive numbers

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