Question: 73 #14 VERTICAL ANALYSIS 74 75 INSTRUCTIONS: Prepare a vertical analysis of the income statement using 2020 as a base. 76 Neiman Corp. Comparative Balance

73 #14 VERTICAL ANALYSIS 74 75 INSTRUCTIONS: Prepare a vertical analysis

73 #14 VERTICAL ANALYSIS 74 75 INSTRUCTIONS: Prepare a vertical analysis of the income statement using 2020 as a base. 76 Neiman Corp. Comparative Balance Sheet For the years ended December 31 77 78 79 80 81 82 83 2021 2020 Assets Current Assets Plant Assets 300 360 700 84 500 85 Total Assets 1,060 800 86 87 88 160 120 89 160 Liabilities & Stockholders' Equity Current liabilities Long-term debt Common stock Retained earnings Total liabilities & stockholders' equ 90 91 250 370 280 320 200 92 1,060 800 93 94

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