Question: Operating data for Joshua Corporation are presented below. 2017 2016 s800,000 $600,000 408,000 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax

Operating data for Joshua Corporation are presented below. 2017 2016 s800,000

$600,000 408,000 Sales revenue Cost of goods sold Selling expenses Administrative expenses

Operating data for Joshua Corporation are presented below. 2017 2016 s800,000 $600,000 408,000 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income 520,000 20,000 72,000 60,000 30,000 70,000 48,000 24,000 48,000 Instructions Prepare a schedule showing a vertical analysis for 2017 and 2016. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a

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