Question: The following is comparative financial data for JK Martin Company

The following is comparative financial data for JK Martin Company and Stratton Company:
Required
a. Prepare a vertical analysis of the 2012 income data. Round percentages to one decimal point (i.e., 4.8%). Is one company more profitable than the other?
b. Prepare a horizontal analysis of all accounts. Round percentages to one decimal point (i.e., 4.8%). What does this analysis show?
c. Compute the inventory turnover and days in inventory ratios for 2012. Do these ratios change your conclusions about these companies?



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  • CreatedJuly 16, 2015
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