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Can someone help with this question please? The following is the income statement for Regina Company, Inc.: Statement of Income (in thousands) 12/31/06 12/31/07 Net
Can someone help with this question please?
The following is the income statement for Regina Company, Inc.:
Statement of Income (in thousands) 12/31/06 12/31/07
Net sales $76,144 $128,234
Costs of Goods Sold 46,213 70,756
Gross Margin 29,931 57,478
General Expenses 20,105 42,600
Operating Income 9,826 14,878
Interest Expense 1,930 1,584
Income Taxes 3,807 6,189
Net Income 4,089 7,105
Earnings per share .46 .78
Required: Prepare a vertical analysis of the financial statement.
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