Question: onduct a vertical analysis by expressing each line as a percentage of total revenues (round to one decimal place). Fill in the blanks: Income Statement

onduct a vertical analysis by expressing each line as a percentage of total revenues (round to one decimal place).

Fill in the blanks:

Income Statement
Sales Revenue $ 360,000 %
Operating Expenses 275,000 %
Interest Expense 14,000 %
Income before Income Tax Expense 71,000 %
Income Tax Expense 14,200 %
Net Income $ 56,800 %

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