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Exerclse 13-2A (Algo) Vertical analysis LO 13-1 Fanning Company reported the following operating results...

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Accounting

Exerclse 13-2A (Algo) Vertical analysis LO 13-1
Fanning Company reported the following operating results for two consecutive years:
Required
Compute each income statement component for each of the two years as a percent of sales.
Note: Percentages may not add exactly due to rounding. Round your answers to 1 decimal place. (1.e.,0.234 should be entered as 23.4).
\table[[FANNING COMPANY],[Vertical Analysis of Income Statements],[,Year 4,\table[[Percentage of],[Sales]],Year 3,\table[[Percentage of],[Sales]]],[Sales,996,500,,%,$,1,080,500,,%
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