Question: Operating data for Navarro Corporation are presented below. Instructions Prepare a schedule showing a vertical analysis for 2015 and2014. 2015 $750,000 465,000 105,000 60,000 36,000

Operating data for Navarro are presented below.

Instructions
Prepare a schedule showing a vertical analysis for 2015 and2014.

2015 $750,000 465,000 105,000 60,000 36,000 84,000 2014 Net sales Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $600,000 390,000 66,000 54,000 27,000 63,000

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