n Operating data for Riverbed Corp are presented as follows. Sales revenue Cost of goods sold Selling
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Operating data for Riverbed Corp are presented as follows. Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income before income taxes Income tax expense 2022 $850,500 529,011 Net income 119,070 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, eg. 12.1%) RIVERBED CORP Condensed Income Statement 73.143 34,020 95,256 Amount $850,500 529,011 321,489 119,070 73,143 192,213 129,276 34,020 2021 $643,000 $95.256 409,591 75,874 50,797 23,791 82,947 2022 Percent % % % % % 38 % % % Amount $643,000 409,591 233,409 75,874 50,797 126,671 106,738 23,791 % $82,947 2021 Percent % * x X K 56 Operating data for Riverbed Corp are presented as follows. Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income before income taxes Income tax expense 2022 $850,500 529,011 Net income 119,070 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, eg. 12.1%) RIVERBED CORP Condensed Income Statement 73.143 34,020 95,256 Amount $850,500 529,011 321,489 119,070 73,143 192,213 129,276 34,020 2021 $643,000 $95.256 409,591 75,874 50,797 23,791 82,947 2022 Percent % % % % % 38 % % % Amount $643,000 409,591 233,409 75,874 50,797 126,671 106,738 23,791 % $82,947 2021 Percent % * x X K 56
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Related Book For
Essentials Of Federal Taxation 2019
ISBN: 9781260190045
10th Edition
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
Posted Date:
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