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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:
a. Prepare a vertical analysis of Cornea Company's income statements.
b. Does the vertical analysis indicate a favorable or an unfavorable trend?
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