Question: EX 3-30 Vertical analysis OBJ.7 The following income statement data for AT&T Inc. and Verizon Communications Inc. were taken from their recent annual reports (in

 EX 3-30 Vertical analysis OBJ.7 The following income statement data for

EX 3-30 Vertical analysis OBJ.7 The following income statement data for AT\&T Inc. and Verizon Communications Inc. were taken from their recent annual reports (in millions): a. Prepare a vertical analysis of the income statement for AT\&T. Round to one decimal place. b. Prepare a vertical analysis of the income statement for Verizon. Round to one decimal place. Based on parts (a) and (b), how does AT\&T compare to Verizon

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