Question: For vertical analysis, construct the common-size income statement and common-size balance sheet by expressing each item in the shaded area on the Income Statement and

For vertical analysis, construct the common-size income statement and common-size balance sheet by expressing each item in the shaded area on the Income Statement and the Balance Sheet as a percentage of a relevant total within the same year.

provide formula used to get answer please For vertical analysis, construct the common-size income statement and common-size balance sheet

by expressing each item in the shaded area on the Income Statement

and the Balance Sheet as a percentage of a relevant total within

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