Current Attempt in Progress Comparative data from the income statement of Carla Vista Corporation are shown below. 2024 2023 Net sales $814,000 $635,000 Cost of goods sold 537,240 390.525 Gross profit 276,760 244,475 Operating expenses 170.940 131.950 Profit before income tax 105.820 112.525 Income tax expense 26,455 28.131 Profit for the year $79,365 $84,394 Prepare a vertical analysis for Carla Vista Corporation (Round percentage answers to 1 decimal place, eg. 52.7%) CARLA VISTA CORPORATION Income Statement 2024 2023 Amount Percent Amount Percent Sales $814,000 % $635.000 Cost of goods sold 537.240 % 390,525 Income tax expeme 26.455 28.131 Profit for the year $79.365 $84.394 Prepare a vertical analysis for Carla Vista Corporation (Round percentage answers to 1 decimal places.7%) CARLA VISTA CORPORATION Income Statement 2024 2023 Amount Percent Amount Percent Sales 1814.000 % $635,000 Cost of goods sold 537,240 % 390.525 Gross profit 276.760 244,475 % Operating expenses 170.940 % 131,950 Profit before income tax 105.820 x 112.525 Income tax expense 26455 % 28.131 Profit for the year $79.365 % $84.394 eTextbook and Media Save frater Attempts: 0 of 3 used Submit Answer