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Vertical analysis Two income statements for Cornea Company follow: Cornea Company Income Statements For the Years Ended December 3 1 Required: a . Prepare a

Vertical analysis

Two income statements for Cornea Company follow:

Cornea Company

Income Statements

For the Years Ended December

31

Required:

.

Prepare a vertical analysis of Cornea Company's income statements.

.

Does the vertical analysis indicate a favorable or an unfavorable trend?

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