The comparative condensed income statements of Hendi Corporation are shown

The comparative condensed income statements of Hendi Corporation are shown below.


The comparative condensed income statements of Hendi Corporation are shown


Instructions
(a) Prepare a horizontal analysis of the income statement data for Hendi Corporation using 2010 as a base. (Show the amounts of increase or decrease.)
(b) Prepare a vertical analysis of the income statement data for Hendi Corporation in columnar form for bothyears.

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