Answered step by step
Verified Expert Solution
Question
1 Approved Answer
verticle analysis for a set of 2 years Question 2 of 3 > View Poids Current Antent in Progress Operating data for Sale Land Corporation
verticle analysis for a set of 2 years
Question 2 of 3 > View Poids Current Antent in Progress Operating data for Sale Land Corporation we presented below December 31, 2021 December 2020 5705.000 Sales 5 905.000 501.370 Cost of goods sold 410310 141130 Sellingen Administrative 98.700 24230 101360 Income taxe 45:250 AS Net Income 115.840 74730 Prepare a schedule showing wertical analysis for 2021 and 2000 Round to decina pa SANDHILLLAND COMPANY Condensed income Statement For the Years Ended December 31 2021 2000 Amount Peronta Anot Percentage Sileston 5 905.000 5705.000 Cost of goods sold 501370 430310 Gross proht 400630 Sering op 14180 9.700 Administrativo 10130 Tous operating expen 24250 172630 Income before income 16100 121.260 45.250 2530 Income tax expense Net income $115.840 $ 4730 Actors of used SA ter Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started