Sports Emporium has two operating segments: sporting goods and sports apparel. The income statement for each operating segment is presented below.

1A. Complete the "%" columns to be used in a vertical analysis of Sports Emporium's two operating segments. Express each amount as a percentage of sales. (Round your answers to 1 decimal place.)

1B. Use vertical analysis to compare the profitability of the two operating segments. Which segment has a higher net income as a percentage of net sales?

Sports Emporium has two operating segments: sporting goods and sports apparel. The income statement for each operating segment is presented below.

1A. Complete the "%" columns to be used in a vertical analysis of Sports Emporium's two operating segments. Express each amount as a percentage of sales. (Round your answers to 1 decimal place.)

1B. Use vertical analysis to compare the profitability of the two operating segments. Which segment has a higher net income as a percentage of net sales?

Thanks!

Sports Emporium has two operating segments: sporting goods and sports apparel. The income statement for each operating segment is presented below Required 1. Complete the"%" columns to be used in a vertical analysis of Sports Emporium's two operating segments. Express each amount as a percentage of sales. (Round your answers to 1 decimal place.) SPORTS EMPORIUM Income Statement For the Year Ended December 31, 2018 Sporting Goods Sports Apparel Amount S 1,975,000 1,110,000 865.000 520,000 345,000 23.500 368.500 87,000 $ 281,500 1,040,000 475,000 565,000 410,000 155,000 (18,500) 136,500 77,000 59,500 Net sales Cost of goods sold Gross profit Operating expenses Operating income Other income (expense) Income before tax Income tax expense Net income 2. Use vertical analysis to compare the profitability of the two operating segments. Which segment has a higher net income as a percentage of net sales? Sports Apparel Sporting Goods