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Hotel Gift / Sundries Shop Summary Income Statement 2 0 1 8 2 0 1 9 2 0 2 0 Revenue $ 3 , 0

Hotel Gift/Sundries Shop
Summary Income Statement 201820192020
Revenue $3,000,000 $2,738,000 $1,800,250
Cost of Goods Sold $2,325,000 $2,050,000 $1,400,000
Gross Profit $675,000 $688,000 $400,250
Selling, General & Admin $702,500 $706,000 $390,000
Net Income ($27,500)($18,000) $10,250
#1- Create a Vertical Common Size Analysis -
Summary Income Statement 201820192020
Revenue
Cost of Goods Sold
Gross Profit
Selling, General & Admin
Net Income
using the above oncome statement fill in the missing information for the vertical analysis

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