Operating Data for Panola Land Corporation Are Presented Below Instructions
Prepare a Schedule Showing a Vertical Analysis for 2014

question 247

Essay

Operating data for Panola Land Corporation are presented below $\begin{array}{lrr}&2014&2013\\\text { Sales revenue } & \$ 800,000 & \$ 600,000 \\\text { Cost of goods sold } & 480,000 & 390,000 \\\text { Selling expenses } & 120,000 & 78,000 \\\text { Administrative expenses } & 80,000 & 54,000 \\\text { Income tax expense } & 24,000 & 25,000 \\\text { Net income } & 96,000 & 53,000\end{array}$ Instructions
Prepare a schedule showing a vertical analysis for 2014 and 2013.

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Antecedent Condition of

Pre-existing factors or circumstances that influence outcomes or behaviors.

Servant Leadership Process

Servant Leadership Process is an approach where the leader prioritizes the needs of others, focusing on service, empathy, and the promotion of the growth and well-being of individuals and the community.

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Personal Well-Being

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