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The Sports Warehouse operates in two distinct segments: equipment and apparel. The income statement for each operating segm is presented below. Required: 1. Complete the
The Sports Warehouse operates in two distinct segments: equipment and apparel. The income statement for each operating segm is presented below. Required: 1. Complete the "\%" columns to be used in a vertical analysis of The Sports Warehouse's two operating segments. Express each amount as a percentage of sales. 2. Use vertical analysis to compare the profitability of the two operating segments. Which segment is more profitable? Complete this question by entering your answers in the tabs below. Complete the "\%" columns to be used in a vertical analysis of The Sports Warehouse's two operating segments. Express each amount as a percentage of sales. Note: Round your answers to 1 decimal place. Use vertical analysis to compare the profitability of the two operating segments. Which segment is more profitable
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