source from Cengage Leaning Morilla Firelow ssignmenthakeAss

source from Cengage Leaning Morilla Firelow ssignment/hakeAssignmentMain.doinvoker &takeAssignmentSessionlocator-assignment-take;&inprogress-false; eBook Show Me How Calculator Prink Item Vertical Analysis o income statements for Comea Company follow: Cornea Company Income Statements For Years Ended December 31 2019 2018 $729,000 Fees eamed Operating expenses Operating income $860,000 636,400 575,910 $223,600 $153,090 prepare a vertical analysis of Cornea Company\'s income statements. Enter percents as whole numbers. Cornea Company Income Statements For Years Ended December 31 2019 Amount 2019 Percent 2018 Amount 2018 Percent $860,000 [ 55% x sohbX Fees earned $729,000 Operating expenses 636,400 37 6 X 575,910 40 % X operating ncome $223,600 13 %x $153,090 11 % x Check My Work 1 more Check My Work uses remaining

Solution

2019 Amount 2019 Percent 2018 Amount 2018 Percent Fees earned $860,000 100% $729,000 100% Operating expenses $636,400 74% $575,910 79% Operating income $223,600 26% $153,090 21%