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Income statements for Walton Compary for Yeat 3 and Year 4 follow: Reguised a. Perforin a horizontal analysis, showing the percentage change in each income statement component between Year 3 and Year 4 . b. Perform a verbical analysis, showing each income statement component as a percentage of saies for each year. Compiete this guestion ty entering yeur answers in the tabs below. Herferm a harizontal analysis, showing the percentage change in eoch incoffe statement component between Year 3 and Yea: 4. (tipgative answers phould be indacatrd by a minus sign. Round your percentage antwers to 1 decimal place. (i.e. 0.239 Avould be contered as 23 A). Required a. Perform a horizontal analysit, showing the percentage change in each income statement component between Year I and Year 4 . b. Perform a verticat analysis, showing each incoene statement component as a percentage of sales for each year. Complete this aumbtion by antiering your answers in the tabs balew. Perfocm a hocizontal anelywis, showing the percentage chenge in each income statement component betwoen Yeer 3 and Year 4. (Neggative answers should be indicated by a minus sign. Reund your percentage ansiwers to 1 decimal plect:- (l.e., 0 .734 should be entered es 23.4).) a. Perform a horizontal analysis, showing the percentage change in each income staternent compenent between Year 3 and Year 4 . b. Perform a vertical analysis, showing each income staliement component as a percentage of saies for each year Complete this questlen by antertng your answars in the tabe below. Rerform a vertical analyses, showing ooch income statement compenent as a percentege of sales far aach yeat, purcenteges may not ndd exnetly due to reunding. Mound your percentage answers to 1 decimal plece. (L.e., 0.234 sheudd be entered at 23,42.7

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