Question: Following are the income statements from Nappy s recent annual report

Following are the income statements from Nappy’s recent annual report:


Requirements
1. For each of the years shown, perform a vertical analysis, using sales as the base. Write a paragraph explaining what the analysis shows.
2. Using 2008 as the base year, perform a horizontal analysis for net revenue and cost of sales. What information does this analysis giveyou?
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  • CreatedSeptember 01, 2014
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