Vertical Analysis
IRAIO1Vertical analysis (common-size) percentages for Vallejo Company's sales, cost of goods sold, and expenses are listed here.
Vertical Analysis |
| 2012 |
| 2011 |
| 2010 | |||
Sales |
| 100 | % |
| 100 | % |
| 100 | % |
Cost of goods sold |
| 61.6 |
|
| 63.2 |
|
| 66.3 |
|
Expenses |
| 24.1 |
|
| 26.0 |
|
| 29.7 |
|
(Explain )Did Vallejo's net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer.
12 years ago
3
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