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Operating data for Cheyenne Corp. are presented as follows. 2022 2021 Sales revenue $831,900 $629,500...

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Accounting

Operating data for Cheyenne Corp. are presented as follows. 2022 2021 Sales revenue $831,900 $629,500 Cost of goods sold 524,097 409,175 Selling expenses 124,785 74,281 Administrative expenses 74,871 50,360 Income tax expense 41,595 25,180 Net income 66,552 70,504 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1%.)imageimage

Operating data for Cheyenne Corp. are presented as follows. Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1\%.)

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