Operating data for Manning Corporation are presented below. $\begin{array}{lr}&2014\
\text { Net sales } & \$ 600,000 \
\text { Cost of goods sold } & 320,000 \
\text { Operating expenses } & 130,000 \
\text { Net income } & 150,000
\end{array}$ Instructions
Prepare a schedule showing a vertical analysis for 2014.

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The Answer of Operating data for Manning Corporation are presented below. $\begin{array}{lr}&2014\
\text { Net sales } & \$ 600,000 \
\text { Cost of goods sold } & 320,000 \
\text { Operating expenses } & 130,000 \
\text { Net income } & 150,000
\end{array}$ Instructions
Prepare a schedule showing a vertical analysis for 2014.

Operating Data for Manning Corporation Are Presented Below Instructions Prepare a Schedule Showing a Vertical Analysis for 2014

Operating Data for Manning Corporation Are Presented Below Instructions
Prepare a Schedule Showing a Vertical Analysis for 2014