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Kahn inc Comparative Income Statement Year Ended Dec 31, 2019 and 2018 2019 2011 Net Sales Revenue $550.000 $500.000 Expenses Cost of Goods Sold 245.000

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Kahn inc Comparative Income Statement Year Ended Dec 31, 2019 and 2018 2019 2011 Net Sales Revenue $550.000 $500.000 Expenses Cost of Goods Sold 245.000 220,000 Selling and Administrative Expenses 100.000 96.000 Other Expenses Interest Expense) 12 000 9.000 Income Tax Expense 58.000 47.000 Total Expenses 5415.000 $372.000 Net Income $135.000 $120.000 Prepare a vertical analysis of the Cost of Goods Sold of Kahn, Inc. for years 2010 and 2018. (Round to one decimal place.) BIVAN-LEX VT1 12pt Paragraph

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