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Operating data for Jacobs Corporation are presented below. 2014 2013 Sales revenue $821,900 $631,900 Cost of goods sold 526,900 410,000 Selling expenses 124,200 77,300 Administrative
Operating data for Jacobs Corporation are presented below.
2014 | 2013 | |||
Sales revenue | $821,900 | $631,900 | ||
Cost of goods sold | 526,900 | 410,000 | ||
Selling expenses | 124,200 | 77,300 | ||
Administrative expenses | 79,900 | 55,000 | ||
Income tax expense | 38,000 | 28,300 | ||
Net income | 52,900 | 61,300 |
Prepare a schedule showing a vertical analysis for 2014 and 2013. (Round percentages to 1 decimal place, e.g. 12.1%.)
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