Question: Current Attempt in Progress Operating data for Cullumber Corporation are presented as follows. 2025 2024 Net sales $827,200 $626,800 Cost of goods sold 529,100

Current Attempt in Progress Operating data for Cullumber Corporation are presented as

Current Attempt in Progress Operating data for Cullumber Corporation are presented as follows. 2025 2024 Net sales $827,200 $626,800 Cost of goods sold 529,100 412.600 Selling expenses 121,800 73,700 Administrative expenses 73,200 50,000 Income tax expense 33,400 27,100 Net income 69,700 63,400 Prepare a schedule showing a vertical analysis for 2025 and 2024. (Round percentages to 1 decimal place, eg. 12.1%.) Net Sales Cost of Goods Sold Gross Profit @ Selling Expenses Amount CULLUMBER CORPORATION Condensed Income Statements 827200 529100 298100 2025 Percent % 96 S

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