Here are the comparative statement data for Night Company and Day Company, two competitors. All balance sheet data are as of December 1, 2007 and December 31, 2006.

Instructions
Prepare a vertical analysis of the 2007 income statement data for the Night Company and DayCompany.

Night Co 2007 S 350,000 Dav Co 2006 2007 2006 1,200,000 Net sales Cost Goods Sold Operating Expenses Interest Expense Income tax Expense Current Assets Plant Assets (net Current Liabilities Long-Term Liabilities Common Stock Retained Eamings 180,000 624,000 51,000 278,000 3.000 10,000 17,000 54,000 130.000 100,000 400,000 270,000 60,000 52,000 68.000 360.000 210.000 40.000 700.000 650.000 1,000,000 750,000 250,000 275,000 150,000 950,000 700,000 300,000 275,000 50,000 200,000 60.000