2. Below is the partial balance sheet and Income Statement for XYZ Limited: December 31, 2024 December 31, 2023 $110,000 80,000 335,000 Accounts Receivable......... Inventory..... Total Assets.... BERE**** Cost of Sales Net Income HEHEHERUNDE Revenue 2011 CELEBCEAEGTETTEBATIF BE LINET THEIGHHHHHEE $1,000,000 780,000 150,000 $140,000 95,000 376,000 $1,250,000 900.000 175,000 Required Using the items from the comparative balance sheet of XYZ Limited, illustrate horizontal and vertical analysis. Discuss the results of your analysis.

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2. Below is the partial balance sheet and Income Statement for XYZ Limited: Accounts Receivable.. Inventory... Total Assets Revenue. Cost of Sales.. Net Income. Required December 31, 2024 $110,000 December 31, 2023 $140,000 95.000 80,000 335,000 376,000 $1,000,000 $1,250,000 780,000 900,000 150,000 175,000 Using the items from the comparative balance sheet of XYZ Limited, illustrate horizontal and vertical analysis. Discuss the results of your analysis. 2. Below is the partial balance sheet and Income Statement for XYZ Limited: Accounts Receivable.. Inventory... Total Assets Revenue. Cost of Sales.. Net Income. Required December 31, 2024 $110,000 December 31, 2023 $140,000 95.000 80,000 335,000 376,000 $1,000,000 $1,250,000 780,000 900,000 150,000 175,000 Using the items from the comparative balance sheet of XYZ Limited, illustrate horizontal and vertical analysis. Discuss the results of your analysis.