2-a. Conduct a vertical analysis expressing each line as a percentage of total revenues. (Round percentage values to 1 decimal place. COMPUTER TYCOON, INC Income Statements For the Year Ended December 31 2013 2012 Sales Revenue Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Interest Expense Income before Income Tax Expense Income Tax Expense Net Income $120,000 70,000 50,000 38,000 700 11,300 2,500 $ 8,800 % | $150,000 79,500 70,500 %141,000 575 28,925 7,000 % | S 21.925 1% 1 2-b. Excluding income tax, interest, and operating expenses, did Computer Tycoon earn more profit per dollar of sales in 2013 compared to 2012? O Yes No Hints References eBook & Resources Hint #1 Type here to search D O PrtScn Home F4 F6 F7 4 5