Why do we use net sales when calculating the vertical analysis of an income statement? While calculating the vertical analysis of an income statement, we use net sales because it provides us with the total profit generated by the company after deducting the discounts or returns. Thus, during the time of comparison of all the other reports it gives us accurate details (Fridson & Alvarez, 2022). What do the numbers in a vertical analysis tell the entrepreneur about their company? Through vertical analysis of an income statement, we can understand the contribution of each item on the financial report. It helps us understand the overall expenses during the manufacturing procedure. Also, analyzing the reports vertically helps us understand the acquisition of the assets or liabilities in the organization and thus project the strengths and weaknesses. add something critical to this in 75 words be positive in your response