Question: Operating data for Lewis Corporation are presented below. 2020 Net sales $500,000 Cost of goods sold 310,000 Operating expenses 120,000 Net income 70,000 Prepare a

Operating data for Lewis Corporation are presented below. 2020 Net sales $500,000 Cost of goods sold 310,000 Operating expenses 120,000 Net income 70,000 Prepare a schedule showing a vertical analysis for 2020

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