L$013-3,13-5$ CP$13-4$ Vertical Analysis of an Income Statement

A condensed income statement for Jerma Games, Inc., and a partially completed vertical analysis follow.

Required:

Complete the vertical analysis by computing each line item $(a)-(d)$ as a percentage of net revenues. Round to the nearest whole percentage.

TIP: In the prior year, Cost of Goods Sold was $32$ percent of Net Revenues, computed as $($$$1,429$$$4,515).$

Does Cost of Goods Sold, as a percentage of Net Revenues, represent better or worse performance in $2019$ as compared to $2018?$CP$13-4$ Vertical Analysis of an Income Statement

A condensed income statement for Jerma Games, Inc., and a partially completed vertical

analysis follow.