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Fishing Emporlum has two operating segments: sportIng goods and sports apparel. The Income statement for each operating segment is presented below. Required: 1. Complete the

image text in transcribed Fishing Emporlum has two operating segments: sportIng goods and sports apparel. The Income statement for each operating segment is presented below. Required: 1. Complete the "\%" columns to be used In a vertical analysis of Fishing Emporlum's two operating segments. Express each amount as a percentage of sales. 2. Use vertical analysis to compare the profitability of the two operating segments. Which segment is more profitable? Complete this question by entering your answers in the tabs below. Complete the "\%" columns to be used in a vertical analysis of Fishing Emporium's two operating segments. Express each amount as a percentage of sales. (Round your answers to 1 decimal place.) Fishing Emporlum has two operating segments: sportIng goods and sports apparel. The Income statement for each operating segment is presented below. Required: 1. Complete the "\%" columns to be used In a vertical analysis of Fishing Emporlum's two operating segments. Express each amount as a percentage of sales. 2. Use vertical analysis to compare the profitability of the two operating segments. Which segment is more profitable? Complete this question by entering your answers in the tabs below. Complete the "\%" columns to be used in a vertical analysis of Fishing Emporium's two operating segments. Express each amount as a percentage of sales. (Round your answers to 1 decimal place.)

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