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Vertical Analysis of Income Statement For 2 0 Y 2 , Tri - Comic Company initiated a sales promotion campaign that included the expenditure of

Vertical Analysis of Income Statement
For 20Y2, Tri-Comic Company initiated a sales promotion campaign that included the expenditure of an additional $19,000 for advertising. At the end of the year, Lumi Neer, the president, is presented with the following condensed comparative income statement:
Tri-Comic Company
Comparative Income Statement
For the Years Ended December 31,20 Y2 and 20Y1
\table[[,20Y2,20Y1
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