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Using the following operating data for Splish Brothers Corporation. 2020 2019 Net sales $356,000 $330,000 Cost of goods sold 201,140 173,000 Operating expenses 112,140
Using the following operating data for Splish Brothers Corporation. 2020 2019 Net sales $356,000 $330,000 Cost of goods sold 201,140 173,000 Operating expenses 112,140 105,000 Net income 42,720 52,000 Prepare a schedule showing a vertical analysis for 2020. (Round percentage answers to 1 decimal place, e.g. 15.2%) Amount Percent 8 % 800 % %
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