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Exercise 14-2A (Algo) Vertical analysis LO 14-1 Fanning Company reported the following operating results for two consecutive years: Required Compute each income statement component for

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Exercise 14-2A (Algo) Vertical analysis LO 14-1 Fanning Company reported the following operating results for two consecutive years: Required Compute each income statement component for each of the two years as a percentrof sales. (Percentages may not odd exactly due to rounding. Round your onswers to 1 decimal ploce. (i.e., 234 should be entered as 23.4).)

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