Operating data for Gallup Corporation are presented below. 2012 2011

Operating data for Gallup Corporation are presented below.

2012

2011

Sales

750000

600000

Cost of goods sold

465000

390000

Selling expenses

120000

72000

Administrative expenses

60000

54000

Income tax expense

33000

24000

Net income

$72000

$60000

Complete the schedule showing a vertical analysis for 2012 and 2011. (List amounts from largest to smallest e.g. 10 5 3 2. Round percentages to 1
decimal place e.g. 10.5. Enter all amounts as positive amounts and subtract where necessary.)