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Conard Operating

Price: $1.99


Operating data for Conard Corporation are presented below.

  2014 2013
Net sales   750,000  600,000
Cost of goods sold   480,000  408,000
Selling expenses   105,000  84,000
Administrative expenses   75,000  54,000
Income tax expense   36,000  18,000
Net income   54,000  36,000

Instructions
Prepare a schedule showing a vertical analysis for 2014 and 2013.

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