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 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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