Please see attached document.
I have attached the your document including my response in the relevant boxes.
In question 1, vertical ...
In question 1, vertical analysis are used to conclude whether net income as a percent of sales increase, decrease, or remain unchanged over a 3-year period? Numerical support is Provided.
In question 2, Horizontal analysis (trend analysis) are used to explain whether net income increased, decreased, or remained unchanged over a 3-year period.