Question: Two income statements for Toby Sam Enterprises are shown below. Prepare a vertical analysis of Toby Sam Enterprises' income statements. Has operating income increased or

Two income statements for Toby Sam Enterprises are shown below. Prepare a vertical analysis of Toby Sam Enterprises' income statements. Has operating income increased or decreased as a percentage of revenue? a. decreaedby 5% b. incicased by 5% C. decrensed by 111% d. increased by 111%

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