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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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