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2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round your answers to 1 decimal place. Input all amounts
2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round your answers to 1 decimal place. Input all amounts as positive values.) % % % 2016 $ 128,468 77,081 51,387 30,200 COMPUTER TYCOON, INC. Vertical Analysis of Income Statements For the Years Ended December 31 2017 Sales revenues $ 100,300 Costs of goods sold 61,700 Gross profit 38,600 Selling, General, and Administrative expenses 30,200 Interest expense 586 Income before income tax expense 7,814 Income tax expense 4,708 Net income $ 3,106 % % % % % % % 480 20,707 % % % 6,737 13,970 % % % $
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