Question: Kimmel, Financial Accounting, 8e Help l Exercise 13-4 Operating data for Bramble Corp. are presented below. 2017 2016 Sales revenue Cost of goods sold Selling

Kimmel, Financial Accounting, 8e Help l Exercise 13-4 Operating data for Bramble Corp. are presented below. 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $842,100 521,600 122,100 78,600 35,600 84,200 $637,500 409,900 77,500 54,800 29,500 65,800 Prepare a schedule showing a vertical analysis for 2017 and 2016. (Round percentages to 1 decimal place, e.g. 12.1 BRAMBLE COR 2017 2016 Percent $842,100 521,600 320,500 122,100 78,600 Total operating expenses 200,700 Income before income taxes 119,800 35,600 $84,200 AmountPercentAmount % $637,500 % 409,900 % 227,600 % 77,500 |% 54,800 % 132,300 95,300 1% 29,500 % -$65,800 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Income tax expense Net income LINK TO TEXT VIDEO APPLIED SKILLS VEDEO SEMILAR EXERCISE Q Search or enter website name

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