Case 4 (2 Marks) Analysts use percentage analysis (commonsize) to help them evaluate and compare companies. Percentage analysis consists of reducing a series of related amounts to a series of percentages of a common base. Using the Balance sheet and Income statement of Damac LLC below, a) perform a percentage analysis of the balance sheet accounts using the total assets as a base. b) perform a percentage analysis of the income statement accounts using the net sales as a base. Case 4 (2 Marks) Analysts use percentage analysis (commonsize) to help them evaluate and compare companies. Percentage analysis consists of reducing a series of related amounts to a series of percentages of a common base. Using the Balance sheet and Income statement of Damac LLC below, a) perform a percentage analysis of the balance sheet accounts using the total assets as a base. b) perform a percentage analysis of the income statement accounts using the net sales as a base