The average price of a gallon of gas in increased $ percent from $ in to $ in
Required:
Conduct a horizontal analysis by calculating the yearoveryear changes in each line item, expressed in dollars and in percentages for the income statement of Bronze, Incorporated for the year ended December amounts in billions
Conduct a vertical analysis by expressing each line as a percentage of total revenues
b Excluding income tax and other operating costs, did Bronze earn more gross profit per dollar of revenue in compared to
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Req
Req A
Conduct a horizontal analysis by calculating the yearoveryear changes in each line item, expressed in dollars and in percentages for the income statement of Bronze, Incorporated for the year ended December amounts in billionsDecreases should be indicated by a minus sign. Enter your answers in billions ie should be
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tableBRONZE INCORPORATEDIncome Statementsamounts in billionsFor the Year Ended December tableRevenuesChange inDollarsPercentage,$$