ACC 280 E15-2 Operating data for Gallup Corporation are presented below.

ACC 280 E15-2 Operating data for Gallup Corporation are presented below.

Principles of Accounting: Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2008). Financial Accounting (6th ed.). Hoboken, NJ: Wiley. Axia College of University of Phoenix (UoP)

E15-2 Operating data for Gallup Corporation are presented below.

2009                2008

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

Instructions

Prepare a schedule showing a vertical analysis for 2009 and 2008. 

File name: ACC-280-E15-2-Gallup-Corporation.doc File type: application/msword Price: $4