Question: I need your help with this Prepare a Vertical Analysis using Excel J & J SNACK FOODS CORP. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (in

I need your help with this

I need your help with this Prepare a Vertical Analysis using Excel

Prepare a Vertical Analysis using Excel J & J SNACK FOODS CORP. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (in thousands, except per share information) Fiscal Year Ended Sept. 25, 2021 2021 Sept. 26, 2020 2020 Favorable or (52 weeks) % (52 weeks) % Unfavorable Net Sales 1,144,579 S 1,022,038 Cost of goods sold 845,651 783,611 Gross Profit 298,928 S 238.427 Operating expenses Marketing and selling $ 77,922 S 84,977 Distribution 108,297 92,759 Administrative 40,538 36,747 Intangible asset impairment charges 1,273 0 Plant shutdown impairment costs 0 6,387 Other expense (320 363 Total operating expenses 227,710 221,233 Operating Income 71,218 S 17,194 Other income (expenses) Investment income 2,815 4,356 Interest expense & other (84) Earnings before income taxes $ 74,026 S 21,466 Income taxes 18,419 3,161 NET EARNINGS S 55,607 S 18,305 Earnings per basic share 2.92 0.97

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