(1) Prepare vertical analysis on balance sheet and income statements for both companies.Compute for the most recent THREE years (2013, 2014, and 2015). Use net sales as the base for income statement. For the balance sheet use total assets as the base.
(2) Prepare horizontal analysis on balance sheet and income statements for both companies.Compute for the most recent THREE years (Δ for 2014, % Δ for 2014, Δ for 2015, and %Δ for 2015). Use 2013 as the base year
(3) Calculate ratios for years 2013, 2014, and 2015 for both companies.The ratios and vertical and horizontal analysis are discussed in chapter 24 A.
(4) Analyze and compare the companies and, then, make an investment suggestion based upon your analysis. Length of Project #2: maximum of 8 pages, font 12, Times New Roman.