FINANCIAL ANALYSIS: Vertical, Horizontal and Ratio Analysis (CP 4A) Compile common size income statement and common size balance sheet (vertical and horizontal analysis) for the 3 years of financial statements for your organization. The analysis should be side-by-side for the three years. Provide initial comments on the income statements and balance sheets. Company Nane Income Statement as of Dec 31st (in millions of dollars) Vertical Vertical Vertical 2023 2022 2021 2023 2022 2021 Net Sales (all credit) 315 275 200 100.00 100.00 100.00 Less: COGS 131 120 100 41.59 43.64 50.00 Gross Profit 184 155 100 58.41 56.36 50.00 Less: Operating Expenses 17 15 13 5.40 5.45 6.50 EBITDA 167 140 87 53.02 50.91 43.50 Less: Depreciation.

Answer rating: 100% (QA)

Common Size Income Statement Vertical Analysis Item 2023 in millions of Net Sales 2022 in millions of Net Sales 2021 in millions of Net Sales Net Sale... View the full answer