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prepare a vertical analysis for the years of 2019 and 2020 for the financial statements for Eagle Corp. provided below. Prepare a vertical analysis for

prepare a vertical analysis for the years of 2019 and 2020 for the financial statements for Eagle Corp. provided below.

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Prepare a vertical analysis for the years of 2019 and 2020 for the Incomel statements for Eagle Corp. provided below. Round to the nearest whole percentage point (for example, enter 60 for 60.4% or 61 for 60.5%). Vertical Analysis 2019 2020 Income Statement 2019 2020 % of Sales % of Sales Revenues $1,687,500 $1,760.000 Answer Answer Cost of goods sold 1,046,250 1,100,000 Answer Answer Gross margin 611,250 660,000 Answer Answer Operating expenses 414,000 396,000 Answer Answer Net income $227,250 $264,000

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