Vertical analysis Required Use the financial statements for Addison Company from Problem 13-22B to perform a vertical

Question:

Vertical analysis

Required

Use the financial statements for Addison Company from Problem 13-22B to perform a vertical analysis (based on total assets, total equities, and sales) of both the balance sheets and income statements for 2012 and 2011.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...