Revenue and expense data for Bluestem Company are as follows: (a)Prepare a comparative income statement, with vertical analysis, stating each item for both years as a percent of sales.(b)Comment upon significant changes disclosed by the comparative income statement.Round percentages to one decimal place.

Question

Revenue and expense data for Bluestem Company are as follows:  (a)Prepare a comparative income statement, with vertical analysis, stating each item for both years as a percent of sales.(b)Comment upon significant changes disclosed by the comparative income statement.Round percentages to one decimal place.

Quizplus · Accepted Answer

The Answer of Revenue and expense data for Bluestem Company are as follows:  (a)Prepare a comparative income statement, with vertical analysis, stating each item for both years as a percent of sales.(b)Comment upon significant changes disclosed by the comparative income statement.Round percentages to one decimal place.

Revenue and Expense Data for Bluestem Company Are as Follows