Operating data for Gallup Corporation are presented below.
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Operating data for Gallup Corporation are presented below.
2012 2011
Sales 750,000 600,000
Cost of goods sold 465,000 390,000
Selling expenses 120,000 72,000
Administrative expenses 60,000 54,000
Income tax expense 33,000 24,000
Net income $72,000 $60,000
Complete the schedule showing a vertical analysis for 2012 and 2011.
13 years ago
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- gallup-corporation.xlsx