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Donna Drysdale, co-owner of Drysdale Pizza, provides you with the following information for 2015 and 2016. Conduct a vertical analysis (common-size Income statement) for the

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Donna Drysdale, co-owner of Drysdale Pizza, provides you with the following information for 2015 and 2016. Conduct a vertical analysis (common-size Income statement) for the income statements. This question is divided into three parts: Part 1 Change in % 2015 2014% 2015% 850,000 60,000 5.88 100 6.59 100 0.71 0 170,000 24,000 194,000 88 89 11.11 21.18 87.63 12.37 21.32 -1.25 1.25 0.14 2014 Revenues: Food 800,000 Other 50,000 Total Revenues Cost of Sales: Food 160,000 Other 20,000 Total cost of Sales 180,000 Gross Profit: Food 640,000 Other 30.000 Total Gross Profit 670,000 Operating (Controllable)Expenses: Salaries and Wages 160,000 Employee Benefits 50,000 Other 150,000 Total Operating sen 680,000 36.000 716,000 3.53 78.82 3.96 78.68 0.43 -0.14 170,000 55 000 170,000 18.82 5.88 18.68 6.04 0.14 0.16 06 42 4241 105 Save All Answers 680,000 35,000 716.000 3.53 78.82 3.96 78.68 043 -0.14 170,000 55,000 170,000 18.82 5.88 18 68 604 -0 14 0.16 395,000 42.35 43.41 1.05 Food 640,000 Other 30,000 Total Gross Profit 670,000 Operating (Controllable Expenses: Salaries and Wages 160,000 Employee Benefits 50,000 Other 150,000 Total Operating Expenses 360,000 Operating Income Other(Non-Controllable) Expenses: Depreciation 80,000 Interest Expense 80,000 Occupation Costs 40.000 Total Non-controllable 200,000 Expenses Income before Income Taxes Interest Taxes 30.000 Net Income 80,000 80,000 75,000 45.000 9.41 9.41 8.79 8.24 117 200,000 23.53 21.98 0.36 12.94 13.30 3.85 9.45 353 9.41 35.000 86,000 0.32 0.04 Save All Answers M

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