Using the following operating data for Steiner Corporation, prepare a schedule showing a vertical analysis for 2014. $\begin{array}{lrr}&2014&2013\
\text { Net sales } & \$ 350,000 & \$ 320,000 \
\text { Cost of goods sold } & 240,000 & 180,000 \
\text { Operating expenses } & 80,000 & 100,000 \
\text { Net income } & 30,000 & 40,000
\end{array}$

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The Answer of Using the following operating data for Steiner Corporation, prepare a schedule showing a vertical analysis for 2014. $\begin{array}{lrr}&2014&2013\
\text { Net sales } & \$ 350,000 & \$ 320,000 \
\text { Cost of goods sold } & 240,000 & 180,000 \
\text { Operating expenses } & 80,000 & 100,000 \
\text { Net income } & 30,000 & 40,000
\end{array}$

Using the Following Operating Data for Steiner Corporation, Prepare a Schedule