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Prepare a vertical analysis of an income statements for 2019 and 2018. (Percentages may not add exactly due to rounding. Round your answers to 2
Prepare a vertical analysis of an income statements for 2019 and 2018. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).)
Analysis Bal Sheet Analysis Inc Stmt Prepare a vertical analysis of an income statements for 2019 and 2018. (Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) FINCH COMPANY Vertical Analysis of Income Statements 2019 2018 Amount Amount Percentage of Amount Percentage of Sales Sales % $ 231,100 8,900 240,000 $ 211,700 5,500 217,200 Revenues Sales (net) Other revenues Total revenues Expenses Cost of goods sold Selling, general, and administrative expense Interest expense Income tax expense Total expenses Net income 118,900 53,300 7,700 21,700 201,600 38,400 101,500 48,800 6,900 20,700 177,900 39,300 $ % $Step by Step Solution
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