Question: Question 57 Selected data (in thousands) from the income statement of Toy Co Inc. are shown below. Using vertical analysis, calculate the percentage of the

Question 57 Selected data (in thousands) from the income statement of Toy Co Inc. are shown below. Using vertical analysis, calculate the percentage of the base amount for each yea. (Round answers to I decimal place e. 5.2 ) 2018 Percentage 2017 Amount Percentage Amount Net sales $1,931 $2,093 Cost of goods sold 1.60 1.679 Gross profit Operating expenses Income before income tax Income tax expense 5164 Profit

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