Question: Please answer this all steps so I can practice my theory :) Comparative income statement data for Crane Inc. and Blue Ltd., two competitors, are

Please answer this all steps so I can practice my theory :)

Comparative income statement data for Crane Inc. and Blue Ltd., two competitors, are shown below for the year ended December 31,2024. (a) Using vertical analysis, calculate the percentage of the base amount of the income statement for each company. (Round answers to 1 decimal place, e.g. 12.5%.)

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