2012 COMPUTER TYCOON, INC Vertical Analysis of Income Statements For the Years Ended December 31, 2013 Sales revenues $ 101,100 % Costs of goods sold 61.900 % Gross profit 39 200 % Selling general and Administrative expenses 30 400 % Interest expense 589 % come before income tax expense 8,211 % Income tax expense 4.989 Net income s 3.222 $ 128,704 77 222 51.482 30,400 486 20,596 6.857 $ 13739 see 2-b. Excluding income tax, interest, and selling general, and administrative expenses. did Computer Tycoon eam more profit per dollar of sales in 2013 compared to 2012? Yes NO Prey 28 o 26 Sourch $ hp When should you follow up with your customer after a purchase? Within one week Within 24 hours Within 30 days of delivery It is not necessary to always follow up