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Revenue and expense data for Young Technologies Inc. are as follows: ...

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Accounting

Revenue and expense data for Young Technologies Inc. are as follows:

Year 2

Year 1
Sales

$500,000

$440,000
Cost of merchandise sold

325,000

242,000
Selling expenses

70,000

79,200
Administrative expenses

75,000

70,400
Income tax expense

10,500

16,400

a. Prepare a vertical analysis, stating each item for both years as an amount and as a percent of sales. Round to the nearest whole percent.

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