# Horizontal and Vertical Analysis of Income Statement Data

### Question Description

I’m working on a accounting question and need support to help me understand better.

QUESTION #2

Here are the comparative income statements of Oriole Corporation.

(a)

Prepare a horizontal analysis of the income statement data for Oriole Corporation, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)

(b)

Prepare a vertical analysis of the income statement data for Oriole Corporation for both years. (Round percentages to 1 decimal place, e.g. 12.1%.)

done

13 hours ago

QUESTION #3

Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions).

For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, e.g. 15.50, debt to assets ratio and free cash flow answers to 0 decimal places, e.g. 5,275 and all answers to 1 decimal place, e.g. 1.8 or 1.83%.)

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