View Policies Current Attempt in Progress Operating data for Riverbed Corp are presented below. Sales revenue Cost of goods sold Selling expenses 2022 2021 $850,500 $643,000 529,000 409,600 121,800 75,900 73,300 50,700 33,000 23,500 93,400 83,300 Administrative expenses Income tax expense Net income Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place. es. 12.1%) RIVERBED CORP Condensed Income Statement 2022 2021 Amount Percent Amount Percent Sales $850,500 529,000 $643,000 409,600 Cost of goods sold Gross profit 321,500 233,400 75,900 Selling expenses 121,800 73,300 Administrative expenses 50,700 Total operating expenses 195,100 % 126,600 Income before income taxes 106,800 126,400 33,000 Income tax expense 23.500 Net income $93.400 $ 83,300 View Policies Current Attempt in Progress Here is financial information for Tamarisk, Inc December 31, 2022 December 31, 2021 $109.2001 8 403.500 8 8 Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock $1 par Retained earnings 3 8 118.200 166.800 Prepare a schedule showing a horizontal analysis for 2022 using 2021 as the base year. O amount and percentage are a decrease show the numbers TAMARISK, INC. Condensed Balance Sheet December 31 Increase or (Decrease) 2021 Percentage Assets Current Assets 3109 200 Plant assets (net) $93.500 403,500 353.200 $512,700 $446,700 Total assets Liabilities Current Liabilities $102,500 125.200 $68.2005 93.500 Long-term liabilities Total abilities $227.700 $161.700 S Q Search Default Search