complete Horizontal and Verticle analysis. required A& B

Exercise 13-3A (Algo) Horizontal and vertical analysis LO 13-1 Income statements for Benson Company for Year 3 and Year 4 follow, BENSON COMPANY Income Statements Year Sales 5201,200 Cost of goods sold 143,200 Selling expenses 21,500 Administrative expenses 12,380 Interest expense Total expenses $180,400 Income before taxes 20.30 Income taxes expense 5,400 Net Income $ 15,00 Year 3 5181,200 121,200 19,500 14,300 5,400 $160,400 20,800 $ 17,600 Required .. Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4 b. Perform a vertical analysis showing each income statement component as a percentage of sales for each year, Required A Required B Perform a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4. (Negative answers should be indicated by a minus sign. Round your answers to 1 decimal place. (i.e., 0.234 should be entered as 23.4).) > - nces BENSON COMPANY Horizontal Analysis of Income Statements Percentage Change over Year 3 Sales Cost of goods sold Selling expenses Administrative expenses Interest expense Total expenses Income before taxes Income taxes expense Not income (los) Remed Required A Required B Perform a vertical analysis, showing each income statement component as a percentage of sales fc may not add exactly due to rounding. Round your answers to 1 decimal place. (i.e., 0.234 should be ok ht ences BENSON COMPANY Vertical Analysis of Income Statements Percentage of Percentage of Sales Year 4 Sales Year 3 Sales % Cost of goods sold Selling expenses Administrative expenses Interest expense Total expenses Income before taxes Income taxes expense Net income %