Question: Operating data for Gladow Corporation are presented below. InstructionsPrepare a schedule showing a vertical analysis for 2012 and 2011. 2012 2011 Sales $800,000 520,000 $600,000

Operating data for Gladow Corporation are presented below.

InstructionsPrepare a schedule showing a vertical analysis for 2012 and 2011.

2012 2011 Sales $800,000 520,000 $600,000 Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income 72,000 48,000 60,000 48,000 70,000

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