Here are the comparative income statements of Delaney Corporation. (a) Prepare a horizontal analysis of...
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Here are the comparative income statements of Delaney Corporation. (a) Prepare a horizontal analysis of the income statement data for Delaney Corporation, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, es, 55,000,20% or (55,000), (20\%). Round percentages to 1 decimal place, eg. 12.1\%) (a) Prepare ahorizontal analysis of the income statement data for Delaney Corporation, using 2021 as a base: (If amount and percentage are a decrease show the numbers as negative, eg. 55,000,20% or (55,000), (20\%). Round percentages to 1 decimal place, eg. 12.1%.) (b) Prepare a vertical analysis of the income statement data for Delaney Corporation for both years. (Round percentages to 1 decimal place, cg.12.1\%.) Prepare a vertical analysis of the income statement data for Delaney Corporation for both years. (Round percentages to 1 decimal place, eg. 12.1\%)
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