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Comparative data from the income statement of Ivanhoe Corporation are show below. Comparative data from the income statement of Ivanhoe Corporation are showr below. Prepare

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Comparative data from the income statement of Ivanhoe Corporation are show below. Comparative data from the income statement of Ivanhoe Corporation are showr below. Prepare a vertical analysis for dvanhoe Corporation. (Round percentage - Swers to 1 decimal place, e.g. 52.7\%.) Sales $841,000 Cost of goods sold Gross profit 277,530563,470 Operating expenses Profit before income tax 75,690201,840 Income tax expense Profit for the year $56,767 Prepare a vertical analysis for Ivanhoe Corporation. (Round percentage answers to 1 decimal place, e.g. 52.7%.)

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