Will upvote if complete and correct.answer choices for B:

- increased

-decreased

Vertical Analysis of Income Statement Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: Wortical Analysis of Incame Statemant Revenue and expense data for Innowation Querter [nc, for two recent years are as fallows: b. The vertical analysis indicates that the cost of goods sold as a percent of sales by 5 pencentege points, while selling expenses by 2 percentege puints, and administrative expenses lincama as a parcant of sales by 2 percantsga aaints