2. Using Walgreens financials, calculate a horizontal analysis ($ and %) on the income statement...

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Accounting

2. Using Walgreens financials, calculate a horizontal analysis ($ and %) on the income statement including gross profit (you will have to calculate). I recommend using EXCEL spreadsheet to answer this question.
2a. Using Walgreens financials, then do the vertical analysis for the balance sheet for 2018 and 2017). I recommend using EXCEL spreadsheet to do this question.
2b. What do you notice about the change from year to year on income statements and the change in the balances compared to the prior year? Be as specific as possible.

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