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Vertical Analysis of Income Statement Revenue and expense data for Rogan Technologies Co. are as follows: Prepare an income statement in comparative form, stating each

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Vertical Analysis of Income Statement Revenue and expense data for Rogan Technologies Co. are as follows: Prepare an income statement in comparative form, stating each item for both 20Y8 and 20Y7 as a percent of sales. If required, round percentages to one decimal place. Enter all amounts as positive numbers. Which of the following are true regarding the vertical analysis for Rogan

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