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Operating data for Manning Corporation are presented below. 2014 Net sales $600,000 Cost of goods sold 320,000 Operating expenses 130,000 Net income 150,000 Instructions Prepare
Operating data for Manning Corporation are presented below.
2014
Net sales $600,000
Cost of goods sold 320,000
Operating expenses 130,000
Net income 150,000
Instructions
Prepare a schedule showing a vertical analysis for 2014.
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