Question: Below is the comparative income statement for Bleave Inc. for 2016 and 2013. Prepare a vertical analysis for each year and comment on the results.

 Below is the comparative income statement for Bleave Inc. for 2016

Below is the comparative income statement for Bleave Inc. for 2016 and 2013. Prepare a vertical analysis for each year and comment on the results. Vertical Vertical Analyst Analysi 2016 5 2015 S 800.00 600.00 Net sales 0 480.00 330.00 Cost of goods sold 320.00 270.00 Gross profit 0 192.00 162.00 Operating expenses 0 Profit before income 128.00 108.00 tax Income tax expense 32.000 27.000 Profit 96.000 31.000

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