Vertical analysis (common-size) percentages for Vallejo Company’s sales, cost of goods sold, and
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| Brief Exercise 13-8 (Essay) |
Vertical analysis (common-size) percentages for Vallejo Company’s sales, cost of goods sold, and expenses are listed here.
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.
Vertical Analysis | 2012 | 2011 | 2010 | ||||||
| Sales | 100 | % | 100 | % | 100 | % | |||
| Cost of goods sold | 60.2 | 63.6 | 66.8 | ||||||
| Expenses | 25.7 | 27.7 | 29.3 | ||||||
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.
Brief Exercise 13-9 (Essay) |
Horizontal analysis (trend analysis) percentages for Spartan Company’s sales, cost of goods sold, and expenses are listed here.
Explain whether Spartan’s net income increased, decreased, or remained unchanged over the 3-year period.
Horizontal Analysis | 2012 | 2011 | 2010 | ||||||
| Sales | 96.2 | % | 104.8 | % | 100.0 | % | |||
| Cost of goods sold | 101.0 | 98.0 | 100.0 | ||||||
| Expenses | 105.6 | 95.4 | 100.0 | ||||||
Explain whether Spartan’s net income increased, decreased, or remained unchanged over the 3-year period.
10 years ago
BE 13-8 AND BE13-9 tutorial with workings in APA format (Sometime numbers vary, so use it as guide to prepare your own set)
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vallejo_and_spartan_tutorial.docx
