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Calculate the vertical analysis of the net profit in the year of 2019 following data. Income Statement 2018 2019 Sales $ 500,000 $750,000 Cost of

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Calculate the vertical analysis of the net profit in the year of 2019 following data. Income Statement 2018 2019 Sales $ 500,000 $750,000 Cost of Goods Sold 250,000 400,000 Gross Margin 250,000 350,000 Operating Expenses 150,000 290,000 Net Income $100,000 $ 60,000

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