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Operating data for Ayayai Corp. are as follows. Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income Sales 2022
Operating data for Ayayai Corp. are as follows. Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income Sales 2022 Cost of goods sold $840,000 584,640 127,680 62,160 30,240 35,280 Amount $840,000 2021 584,640 $550,000 364,100 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1%.) 66,000 46,750 22,000 51,150 AYAYAI CORP. Condensed Income Statement 2022 Percent % % Amount $550,000 364,100 2021 Percent % %
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