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Operating data for Riverbed Corp are presented below 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income

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Operating data for Riverbed Corp are presented below 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $850,500 529,000 121,800 73,300 33,000 93,400 $643,000 409,600 75,900 50,700 23,500 83,300 Prepare a schedule showing a vertical analysis for 2017 and 2016, (Round percentages to 1 decimal place, eg. 12.1%.) RIVERBED CORP 2017 2016 Percent Amount Percent Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Amount $850,500 529,000 321,500 121,800 73,300 195,100 126,400 33,000 93,400 % $643,000 % 409,600 % 233,400 75,900 50,700 90 126,600 90 106,800 23,500 % $83,300 come before income taxes Income tax expense Net income

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