Operating data for Crane Corporation are presented as follows. 2027 2026 Net sales $826,700 $641,600 Cost...

 

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Operating data for Crane Corporation are presented as follows. 2027 2026 Net sales $826,700 $641,600 Cost of goods sold 520,821 410,624 Selling expenses 124,005 76,992 Administrative expenses 74,403 54,536 Income tax expense 33,068 28,872 Net income 74,403 70,576 Prepare a schedule showing a vertical analysis for 2027 and 2026. (Round percentages to 1 decimal place, e.g. 12.1%.) Operating data for Crane Corporation are presented as follows. 2027 2026 Net sales $826,700 $641,600 Cost of goods sold 520,821 410,624 Selling expenses 124,005 76,992 Administrative expenses 74,403 54,536 Income tax expense 33,068 28,872 Net income 74,403 70,576 Prepare a schedule showing a vertical analysis for 2027 and 2026. (Round percentages to 1 decimal place, e.g. 12.1%.)