Question: The comparative condensed income statements of Emley Corporation are shown

The comparative condensed income statements of Emley Corporation are shown below.


Instructions
(a) Prepare a horizontal analysis of the income statement data for Emley Corporation using 2014 as a base. (Show the amounts of increase or decrease.)
(b) Prepare a vertical analysis of the income statement data for Emley Corporation in columnar form for bothyears.
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  • CreatedJanuary 30, 2014
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