Question: Operating data for Robinson Corporation are presented below. Instructions Prepare a schedule showing a vertical analysis for 2010 and2009. 2010 800,000 520,000 120,000 72,000 32,000
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Instructions
Prepare a schedule showing a vertical analysis for 2010 and2009.
2010 800,000 520,000 120,000 72,000 32,000 56,000 2009 Sales Cost of goods sold Selling expenses Administrative expenses Incomc tax expense Net income 600,000 408,000 72,000 48,000 21,600 50,400
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