For each row of the Income Statement Calculate the Vertical Analysis percentage. Round to 1 place past the decimal (Example: Enter number as 14.0, 12.2, 100.0, 9.7) Amount Percent Sales $100,000 Cost of Goods Sold 50,000 % Gross Profit $ 50,000 % Selling Expense 25,000 % Admin Expense 5,000 % Operating Income $ 20,000 % Interest Expense 1,000 % Net Income $ 19,000 %

For each row of the Income Statement Calculate the Vertical Analysis percentage. Round to 1 place past the decimal (Example: Enter number as 14.0, 12.2, 100.0, 9.7) Amount Percent Sales $100,000 Cost of Goods Sold 50,000 % Gross Profit $ 50,000 % Selling Expense 25,000 % Admin Expense 5,000 % Operating Income $ 20,000 % Interest Expense 1,000 % Net Income $ 19,000 %

Name: Vertical AnalysisFor each row of the Income Statement Calculate the V
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Description: Vertical AnalysisFor each row of the Income Statement Calculate the Vertical Analysis percentage.Round to 1 place past the decimal (Example: Enter number as 14.0, 12.2, 100.0, 9.7)AmountPercentSales$100,000%Cost of Goods Sold50,000%Gross Profit$ 50,

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 9.1E

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