Question
(2) Operating data for Poll Corporation are presented below. 20172016 Net sales$900,000$700,000 Cost of goods sold570,000450,000 Selling expenses140,00090,000 Administrative expenses80,00060,000 Income tax expense33,00030,000 Net income77,00070,000
(2) Operating data for Poll Corporation are presented below.
20172016
Net sales$900,000$700,000
Cost of goods sold570,000450,000
Selling expenses140,00090,000
Administrative expenses80,00060,000
Income tax expense33,00030,000
Net income77,00070,000
Instructions
(a) Preparea schedule showing a vertical analysis for 2017 and 2016.
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
17th Edition
1260247783, 978-1260247787
