Question: 1. 2. *please answer both questions if u reply Take me to the text Perform a horizontal analysis for Groff Inc. Use 2020 as the

1.  1. 2. *please answer both questions if u reply Take me
2.
to the text Perform a horizontal analysis for Groff Inc. Use 2020
as the base year. Do not enter dollar signs or commas in
the input boxes. Round your answers to the nearest whole number. Take
me to the text The following financial statements are taken from the
*please answer both questions if u reply

Take me to the text Perform a horizontal analysis for Groff Inc. Use 2020 as the base year. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Take me to the text The following financial statements are taken from the records of Karde inc. a) Use horizontal analysis techniques to compare the changes between 2022 and 2021 balance sheet items. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values. Round all answers to 2 decimalplaces. b) Perform a vertical analysis of the income statement for 2022 , stating all income statement items as a b) Perform a vertical analysis of the income statement for 2022 , stating all income statement items as a \begin{tabular}{|l|c|c|} \hline Bank Charges Expense & $7,400 & % \\ \hline Communication Expense & $4,800 & % \\ \hline Depreciation Expense & $6,600 & % \\ \hline Professional Fees Expense & $6,100 & % \\ \hline Rent Expense & $4,900 & % \\ \hline Repairs and Maintenance Expense & $7,200 & % \\ \hline Salaries and Wages Expense & $52,100 & % \\ \hline Transportation Expense & $7,800 & % \\ \hline Utilities Expense & $6,800 & % \\ \hline Total Operating Expenses & $109,200 & % \\ \hline Net income & $349,050 & % \\ \hline \end{tabular} Check

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