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Exercise on Horizontal & Vertical Analysis Use the financial statements of Exterior Play Inc., a...

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Accounting

Exercise on Horizontal & Vertical Analysis
Use the financial statements of Exterior Play Inc., a playground equipment manufacturer located in Seattle, Washington to satisfy the following requirements:
Prepare a comparative income statement showing the percentage increases or decreases for 2017 over 2016.
Prepare a common-size comparative balance sheet for 2017 and 2016
\table[[\table[[Exterlor Play Inc.],[Income Statement],[For Years Ended December 31,2017 and 2016]]],[,,2017,,2016],[Net sales ..........,,2,486.000,,2,075,000
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