Operating data for Jacobs Corporation are presented below. 2014 2013 Sale Revenue $800,000 $600,000...
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Accounting
Operating data for Jacobs Corporation are presented below.
2014 2013
Sale Revenue $800,000 $600,000
COGS $520,000 $408,000
Selling Expenses $120,000 $72,000
Adminstrative expenses $60,000 $48,000
Income Tax Expenses $30,000 $24,000
Net Income $70,000 $48,000
Instructions:
Prepare a schedule showing a vertical analysis for 2014 and 2013.
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