Question: Required: Using the comparative income statement, prepare a vertical analysis of all items from sales through gross profit on sales for the years 2 0

Required:
Using the comparative income statement, prepare a vertical analysis of all items from sales through gross profit on sales for the years 20X1 and 20X2.
Note: Round your percentage answers to 1 decimal place. i.e.,0.123 should be entered as 12.3.
Required: Using the comparative income statement,

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