Question: Sports Emporium has two operating segments sporting goods and sports

Sports Emporium has two operating segments: sporting goods and sports apparel. The income statement for each operating segment is presented below.


Required:
1. Complete the “%” columns to be used in a vertical analysis of Sports Emporium’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?
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  • CreatedJuly 15, 2014
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