As a new accountant, you have been assigned to your firm’s client, Jim’s Auto Body. Jim’s Auto Body is a relatively new company of 2 years. To help the client understand the company’s performance over the last 2 years, complete a horizontal and vertical analysis of the income statement and balance sheet using the financial statements provided below.
Horizontal Analysis of the Income Statement
Horizontal Analysis of the Balance Sheet
Vertical Analysis of the Income Statement
Vertical Analysis of the Balance Sheet
Give a brief explanation of the analysis results. Your analysis should be 300–500 words in APA format.