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Operating data for Ayayai Corp. are presented below. 2022 2021 Sales revenue $836.700 $650,500 Cost of goods sold 521,400 409,700 Selling expenses 126,900 75,800 Administrative
Operating data for Ayayai Corp. are presented below. 2022 2021 Sales revenue $836.700 $650,500 Cost of goods sold 521,400 409,700 Selling expenses 126,900 75,800 Administrative expenses 78,800 51,500 Income tax expense 35,100 25,600 Net income 74,500 87,900 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1%.)
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