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Husain, Inc.'s income statement and other financial information for the current year is pres 01 Hussain, Inc. Income Statement For the year ended December 31

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Husain, Inc.'s income statement and other financial information for the current year is pres 01 Hussain, Inc. Income Statement For the year ended December 31 Sales revenue Cost of goods sold Gross profit Selling, general and administrative expenses Operating income Interest expense Income before taxes Income tax expense Net income $284,131 89,360 194,771 17,635 177,136 6,597 170,539 5,914 $164,625 Balance sheet information: Current assets Noncurrent assets Current liabilities Long-term debt $262,500 525,000 75,000 150,000 Required: a. Perform vertical analysis of the income statement

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