Question: Exercise 13-4 Operating data for Riverbed Corp are presented below 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense


Exercise 13-4 Operating data for Riverbed Corp are presented below 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $850,500 529,000 121,800 73,300 33,000 93,400 $643,000 409,600 75,900 50,700 23,500 83,300 Prepare a schedule showing a vertical analysis for 2017 and 2016. (Round percentages to 1 decimal place, e.g 12.1%.)
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