Purpose a schedule showing a vertical analysis for 2009

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Reference no: EM1310221

Operating data for Gallup Corporation are presented below.

	2009	2008
Sales	$750,000	$600,000
Cost of Goods Sold	465000	390000
Selling Expenses	120000	72000
Administrative Expenses	60000	54000
Income Tax Expense	33000	24000
Net Income	72000	60000

Prepare a schedule showing a vertical analysis for 2009 and 2008.

Reference no: EM1310221

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