Question: Operating data for Jacobs Corporation are presented below. Instructions Prepare a schedule showing a vertical analysis for 2014 and 2013. 2014 2013 Sales revenue Cost

Operating data for Jacobs Corporation are presented below.

2014 2013 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $800,0

Instructions

Prepare a schedule showing a vertical analysis for 2014 and 2013.

2014 2013 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $800,000 $600,000 520,000 120,000 72,000 60,000 30,000 70,000 24,000 48,000

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