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    Vertical and Horizontal Analysis

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    In question 1, vertical ...

    Solution Summary

    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.