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 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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