$1.$ Complete a Vertical and Horizontal Analysis on the tab labeled Balance Sheet and Income Statement.

For the Vertical Analysis on the Balance Sheet:

Fill in the percentages for each row in the column labeled Vertical Analysis for each year. Use Total Assets as your base denominator for Assets

Use Total Liabilities and SH Equity as your base denominator for Liabilities and SH Equity.

For the Vertical Analysis on the Income Statement:

Fill in the percentages for each row in the column labeled Vertical Analysis for each year. Use Net Sales as your base denominator.