QUESTION 15 Prepare a vertical analysis (in percentage form only) of the following Income Statement....
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QUESTION 15 Prepare a vertical analysis (in percentage form only) of the following Income Statement. Show and label your work (1 point each) Net Sales Revenue $400,000 Cost of Goods Sold $125,000 Gross Profit $275,000 Selling Expenses $120,000 Admin Expenses 590,000 Net Income $65,000 TTT Arial 3(12pt) : TEE 5.22
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