Question 25 Hanaford Company reported the following information for the current year and prior year: Account Current year Percentage Prior year Net sales revenue $367,200 100% $300,000 COGS $220,320 $240,000 Gross Profit $146,880 40.00% $60,000 Selling/General Exp. $69,768 19.00% $12,000 Net income before tax $77,112 12. $48,000 Income Tax Net Income: $7,344 $69,768 2.00% $3,000 $45,000 What would a vertical analysis report with respect to the relationship between current year net sales revenue and net income? OA. An increase of $24,768 from prior to current year OB. 19% of net sales revenue OC. 60.00% of net sales revenue. OD.A 55% increase from prior to current year