Question: Operating data for Cullumber Corporation are presented as follows. Prepare a schedule showing a vertical analysis for 2027 and 2026 . (Round percentoges to 1


Operating data for Cullumber Corporation are presented as follows. Prepare a schedule showing a vertical analysis for 2027 and 2026 . (Round percentoges to 1 decimal place, es. 12.1 CULLUHBER CORPORAHON Condensed Income Statements For the Years Ended December 31 2027 2026 Amount Percent Armount Net sales Cost of goods sold Grass profit Selling expenses $ Administrative expenses Total operating expenses Income before income taxes Income tax expense Net income CULLUIBER CORPORAIION Condensed Income Statements For the Years Ended December 31 2027 2026 Amount Peroent % Peroent \% $ % s % \% 9 \% \% \% % \% % \% %5 9
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