Question

From the comparative income statement of Nadeau Company in Figure 22.15, do the following:


a. Prepare a horizontal analysis with the amount of increase or decrease during 2013 along with the percent increase or decrease during 2012 (to the nearest tenth of a percent).
b. Vertically analyze the 2013 column of the income statement (to the nearest tenth of a percent).
c. Prepare a common-size comparative income statement (to the nearest tenth of apercent).


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  • CreatedApril 24, 2014
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