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Required Prepare a vertical analysis of both the balance sheets and income statements for 2019 and 2018_ Complete this question by entering your answers
Required Prepare a vertical analysis of both the balance sheets and income statements for 2019 and 2018_ Complete this question by entering your answers in the tabs below. Analysis Bal Sheet Analysis Inc Prepare a vertical analysis of an income statements for 2019 and 2018. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45). ) Vertical Analysis of Income Statements 2019 Percentage of AmounV s 230,000 2018 Percentage Revenues Sales (net) Other revenues Total revenues Expenses Cost of goods sold 8,000 238,000 120,000 55,000 8,000 23,000 206,000 s 210,000 5,000 215,000 Selling, general, and administrative expense Interest expense Income tax expense Total expenses Net income s 103,000 50,000 7,200 22,000 182,200 32,800 i s 32,000 Analysis Bal Sheet
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