Exerclse $13-2$A $($Algo$)$ Vertical analysis LO $13-1$

Fanning Company reported the following operating results for two consecutive years:

Required

Compute each income statement component for each of the two years as a percent of sales.

Note: Percentages may not add exactly due to rounding. Round your answers to $1$ decimal place. $(1.$e$.,0\mathrm{.}234$ should be entered as $23\mathrm{.}4).$

$\backslash$table$[[$FANNING COMPANY$],[$Vertical Analysis of Income Statements$],[,$Year $4,\backslash$table$[[$Percentage of$],[$Sales$]],$Year $3,\backslash$table$[[$Percentage of$],[$Sales$]]],[$Sales$,996,500,,\%,$$$,1,080,500,,\%$