Question: a. Prepare a comparative income statement, with vertical analysis, stating each item for both 2016 and 2015 as a percent of sales. Round percentage values

a. Prepare a comparative income statement, with vertical analysis, stating each

a. Prepare a comparative income statement, with vertical analysis, stating each item for both 2016 and 2015 as a percent of sales. Round percentage values to one decimal place and state as a whole number. Do not enter the percent sign. (For example, enter .9569 as "95.7"). b. Comment upon significant changes disclosed by the comparative income statement

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