From the French Instrument Corporation second-quarter report ended 2017, do a vertical analysis for the second quarte minus sign. Round your answers to the nearest hundredth percent.) FRENCH INSTRUMENT CORPORATION AND SUBSIDIARIES Consolidated Statements of Operation (Unaudited) (In thousands of dollars, except share data) Percent of net SECOND QUARTER 2017 2016 S 6,726 $ 6,979 4,093 4.466 2,633 2,513 1,787 169 127 Net 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 common shares and equivalents 1,849 179 102 (168) 1.962 671 269 S 402 $ 0.05 (95) 1,988 525 213 $ $ 312 0.03 6.673 673 6.624 184 *Income per common share reflects the deduction of the preferred stock dividend from net income. References eBook & Resources DO 0 Type here to search OM