Question

Express the comparative balance sheets of Otis, Inc., from SE 6 as common-size statements and comment on the changes from 2011 to 2012.
In SE 6, the comparative income statements and balance sheets of Otis, Inc., appear below. Compute the amount and percentage changes for the income statements and comment on the changes from 2011 to 2012. (Round the percentage changes to one decimal place.


(Round computations to one decimalplace.)


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  • CreatedSeptember 10, 2014
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