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Comparative statement data for Farris Company and Ratzlaff Company, two competitors, appear below. All balance sheet data are as of December 31, 2015, and December

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Comparative statement data for Farris Company and Ratzlaff Company, two competitors, appear below. All balance sheet data are as of December 31, 2015, and December 31, 2014. Prepare a vertical analysis of the 2015 income statement data for Farris Company and Ratzlaff Company in columnar form. (Round percentages to 1 decimal place, e.g. 12.1%.) Prepare a vertical analysis of the 2015 income statement data for Farris Company and Ratzlaff Company in columnar form. (Round percentages to 1 decimal place> e.g. 12.1%.)

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