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I cannot figure out the percentage VERTICAL ANALYSIS ...

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Accounting

I cannot figure out the percentage

VERTICAL ANALYSIS
ETHAN ALLEN INTERIORS, INC.
INCOME STATEMENT 2020 PERCENTAGE 2019 PERCENTAGE
NET SALES 589,837 746,684
COST OF SALES 266,705 337,193
GROSS PROFIT 323,132 409,491
SELLING, GEN & ADMIN EXPENSES 311,507 356,880
INCOME TAX EXPENSE 5,289 8,162
NET INCOME 8,900 25,698

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