Question: how did they find the vertical analysis only i know how to find the horizontal Vertical Analysis Solution RevenuesExpenses:CostofGoodsSoldSalariesDepreciationExpense-VehiclesDepreciationExpense-EquipmentRentExpenseGainonSaleofVehicleLossonSaleofEquipmentNetIncome$175,000(95,000)(28,000)(6,000)(3,000)(7,000)2,000(4,000)$34,000100.00%54.29%16.00%3.43%1.71%4.00%1.14%2.29%19.43% Horizontal Analysis Solution

how did they find the vertical analysis only i know how to find the horizontal

find the horizontal Vertical Analysis Solution RevenuesExpenses:CostofGoodsSoldSalariesDepreciationExpense-VehiclesDepreciationExpense-EquipmentRentExpenseGainonSaleofVehicleLossonSaleofEquipmentNetIncome$175,000(95,000)(28,000)(6,000)(3,000)(7,000)2,000(4,000)$34,000100.00%54.29%16.00%3.43%1.71%4.00%1.14%2.29%19.43% Horizontal Analysis Solution

Vertical Analysis Solution RevenuesExpenses:CostofGoodsSoldSalariesDepreciationExpense-VehiclesDepreciationExpense-EquipmentRentExpenseGainonSaleofVehicleLossonSaleofEquipmentNetIncome$175,000(95,000)(28,000)(6,000)(3,000)(7,000)2,000(4,000)$34,000100.00%54.29%16.00%3.43%1.71%4.00%1.14%2.29%19.43% Horizontal Analysis Solution

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