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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
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 percent of sales.
Note: Percentages may not add exactly due to rounding. Round your answers to decimal place. ie sho
tableFANNING COMPANYVertical Analysis of Income StatementsYear tablePercentage ofSalesYear tablePercentage ofSalesSales$$
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