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M 1 3 - 2 ( Algo ) Calculations for Vertical Analyses [ LO 1 3 - 3 ] Using the following income statements, perform

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M13-2(Algo) Calculations for Vertical Analyses [LO 13-3]
Using the following income statements, perform the calculations needed for vertical analyses. (Round percentage values to 1 decimal place.)
\table[[LOCKEY FENCING CORPORATION],[Income Statements],[For the Years Ended December 31],[,Current,Previous],[Net Sales,$165,000,%,$114,000,%
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