Sharma Company reported the following operating results for two consecutive years Requlred Compute each income statement component for each of the two years as a percent of sales. (Percentages may not add exactly due to rounding. Round your answers to 1 declmal place. (1.e., .234 should be entered os 23.4) Vertical Analysis of Income Statements of of 2019 2018 Sales Cost of goods sold Gross marpin on sales Operating expenses Income before taxes Income taxes $ 1,000,000 500,000 410,000 120.000 290.000 %|$ 800,000 450,000 350,000 100,000 250,000 50,000 |%|$ 200,000 $ 230,000 Net income ces 20, 11 Next> Prev Type here to search