vertical analysis common size percentages for vallejo company s sales cost of goods 535488
Vertical analysis (common-size) percentages for Vallejo Company”s sales, cost of goods sold, and expenses are listed here.
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|
Vertical Analysis |
2012 |
2011 |
2010 |
|
Sales |
100.0% |
100.0% |
100.0% |
|
Cost of goods sold |
60.5 |
62.9 |
64.8 |
|
Expenses |
26.0 |
26.6 |
27.5 |
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.
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