How do you find the vertical analysis of an income statement?

How do you find the vertical analysis of an income statement? Vertical analysis formula = (Statement line item / Total base figure) X 100. Horizontal analysis formula = {(Comparison year amount – Base year amount) / Base year amount} X 100. How do you analyze a vertical analysis? When you conduct vertical analysis, you analyze … Continue reading How do you find the vertical analysis of an income statement?