SURVEY OF ACCOUNTING(LL)>CUSTOM PKG.<
SURVEY OF ACCOUNTING(LL)>CUSTOM PKG.<
5th Edition
ISBN: 9781264010653
Author: Edmonds
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 9, Problem 3E

a.

To determine

Perform a horizontal analysis, showing the percentage change in each income statement component between 2018 and 2019.

b.

To determine

Perform a vertical analysis, showing each income statement component as a percentage of sales for each year.

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