Question: Prepare a multi-step vertical analysis income statement for San Antonio Co. as of the year ended December 31, 2024. Use the attached Excel file to
Prepare a multi-step vertical analysis income statement for San Antonio Co. as of the year ended December 31, 2024. Use the attached Excel file to create your income statement. The first column is the description, second column detail, third column is sub-totals or totals, and the fourth column is a percentage of sales to the nearest tenth.
Skip two rows and enter the outstanding number of shares and the earnings per share.
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