wk 3 vinben 501485

13.8 – Vertical 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 60.5 62.9 64.8

Expense 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

13.9 Horizontal analysis (trend analysis percentages for Spartan company’s sales cost of goods and expenses are listed here

Horizontal Analysis 2012 2011 2010

Sales 96.2% 104.8% 100%

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.

I need help answering these 2 questions