The comparative condensed income statements of Moran Corporation are shown below. 
Instructions
(a) Prepare a horizontal analysis of the income statement data for Moran Corporation using 2010 as a base. (Show the amounts of increase or decrease.)
(b) Prepare a vertical analysis of the income statement data for Moran Corporation in columnar form for both years.
Definitions:
Oogenesis
Production of eggs in females by the process of meiosis and maturation.
Sister Chromatids
Identical copies of a chromosome, connected by a centromere, created during DNA replication and present in a cell before it divides.
Homologous Chromosomes
Pairs of chromosomes in a diploid organism that are similar in shape, size, and genetic content, one inherited from each parent, containing the same genes but possibly different alleles.
Crossing-over
Crossing-over is a process during meiosis where homologous chromosomes exchange genetic material, resulting in increased genetic variation in gametes.
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