Using the following operating data for Complex Corporation prepare a schedule showing a vertical analysis for 2017. $\begin{array}{lrr}
&2017&2016\
\text { Net sales } & \$ 360,000 & \$ 320,000 \
\text { Cost of goods sold } & 210,000 & 180,000 \
\text { Operating expenses } & 112,000 & 100,000 \
\text { Net income } & 38,000 & 40,000
\end{array}$

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The Answer of Using the following operating data for Complex Corporation prepare a schedule showing a vertical analysis for 2017. $\begin{array}{lrr}
&2017&2016\
\text { Net sales } & \$ 360,000 & \$ 320,000 \
\text { Cost of goods sold } & 210,000 & 180,000 \
\text { Operating expenses } & 112,000 & 100,000 \
\text { Net income } & 38,000 & 40,000
\end{array}$

Using the Following Operating Data for Complex Corporation Prepare a Schedule