Question: Operating data for Larkspur Corporation are presented below.Prepare a schedule showing a vertical analysis for 2 0 2 0 . - 1 5 AmountPercent$ 2

Operating data for Larkspur Corporation are presented below.Prepare a schedule showing a vertical analysis for 2020.-15AmountPercent$2020Net sales$570,000Cost of goods sold399,000Operating expenses125,400Net income45,600

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