# Refer to the calculations from M13-2. Which of the ratios from Exhibit 13.5 have been included in

## Question:

Refer to the calculations from M13-2. Which of the ratios from Exhibit 13.5 have been included in these calculations? Have these two ratios improved or deteriorated in the current year compared to the previous year?

**Exhibit 13.5:**

**Data From M13-1:**

Perform the calculations needed for vertical analyses. Round percentages to one decimal place.

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**Related Book For**

## Fundamentals of Financial Accounting

**ISBN:** 978-0078025914

5th edition

**Authors:** Fred Phillips, Robert Libby, Patricia Libby