Question: 1. Using Microsoft Excel A. perform vertical and horizontal analysis on Excursion Airlines' income statement. 3. perform vertical and horizontal analysis on Excursion Airlines balance

1. Using Microsoft Excel A. perform vertical and horizontal analysis on Excursion Airlines' income statement. 3. perform vertical and horizontal analysis on Excursion Airlines\" balance sheet. 2. Answer the following in a mood format: no Net income decreased in 2&14. Was this caused by a decrease in revenues, an increase in expenses or both?I 0 Did any accounts on the income statement show significant changes in 2014? Iv Did any accounts on the balance sheet show significant changes in Eli-14? I Based upon your answers for the three questions above. could any of these changes he the result of a fraud scheme? W. Submit the Excel spreadsheets that show the each vertical and horizontal analysis. the Excel spreadsheets showing the formulas used in each vertical and horizontal analysis via email. Submit the answers to number 2 above in hardcopy form. Note: Harxiwritten. unstapled assignments will not be accepted

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