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From the French Instrument Corporation second - quarter report ended 2 0 2 3 , do a vertical analysis for the second quarter of 2
From the French Instrument Corporation secondquarter report ended do a vertical analysis for the second quarter of Note: Input all answers as positive values except other income which should be indicated by a minus sign. Round your answers to the nearest hundredth percent.
tableFRENCH INSTRUMENT CORPORATION AND SUBSIDIARIESConsolidated Statements of OperationUnauditedIn thousands of dollars, except share dataSecond Quarter,Percent of netNet sales,$$Cost of sales,,Gross margin,,Expenses:Selling general and administrative,,Product development,,Interest expense,,Other income net,,Total expenses,,Income before income taxes,,Provision for income taxes,,Net income,$$Net income per common share,$$Weighted average number of con,,
"Income per common share reflects the deduction of the preferred stock dividend from net income.
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