Exerclse A Algo Vertical analysis LO
Fanning Company reported the following operating results for two consecutive years:
Required
Compute each income statement component for each of the two years as a percent of sales.
Note: Percentages may not add exactly due to rounding. Round your answers to decimal place. e should be entered as
tableFANNING COMPANYVertical Analysis of Income StatementsYear tablePercentage ofSalesYear tablePercentage ofSalesSales$
