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From the French Instrument Corporation second-quarter report ended 2020. do a vertical analysis for the second (Input all answers as positive values except other (Income)

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From the French Instrument Corporation second-quarter report ended 2020. do a vertical analysis for the second (Input all answers as positive values except other (Income) which should be indicated by a minus sign. Round nearest hundredth percent.) FRENCH INSTRUMENT CORPORATION AND SUBSIDIARIES Consolidated Statements of Operation (Unaudited) (In thousands of dollars, except share data) Second Quarter 2020 2019 Percent of net $ 6,785 $ 7,014 4.471 4,098 2.867 2.543 Net sales Cost of sales Gross margin Expenses Selling, general and administrative Product development Interest expense Other (income). net Total expenses 1,854 1.792 174 184 107 132 (163) 1,082 (90) 2.008 Income before income taxes 085 274 Provision for income taxes Net income 635 218 17 S 411 S S 0.05 S Net income per common share Weighted average number of common shares and equivalents 0.03 0.024.184 6,073 673

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