Requlred

Prepare a vertical analysis of both the balance sheets and income statements for Year $4$ and Year $3.$

Complete this question by entering your answers in the tabs below.

Balance Sheet

$\backslash$table$[[$Income$],[$Statement$]]$

Prepare a vertical analysis of the income statements for Year $4$ and Year $3.$

Note: Percentages may not add exactly due to rounding. Round your answers to $2$ decimal places. $($i$.$e$.,\mathrm{.}2345$ should be entered as $23\mathrm{.}45).$

$\backslash$table$[[$BAIRD COMPANY$],[$Vertical Analysis of Income Statements$],[,$Year $4,$Year $3],[,$Amount,$\backslash$table$[[$Percentage of$],[$Total$]],$Amount,$\backslash$table$[[$Percentage of$],[$Total$]]],[$Revenues$],[$Sales $($net$),$$$230,400,\%,$$$211,500,5,96],[$Other revenues,$8,300,,6,100,7,],[$Total revenues,$238,700,,217,600,7,],[$Expenses$],[$Cost of goods sold,$119,100,,102,700,,],[$Selling$.$ general, and administrative expense,$53,800,,48,400,7,],[$Interest expense,$6,400,,5,600,,],[$Income tax expense,$21,100,,20,100,7,],[$Total expenses,$200,400,,176,800,7,],[$Net income,$$38,300,\%,$$$40,800,\%,\%$