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BE13-8 Vallejo

Price: $1.99


BE13-8 Vertical analysis (common-size) percentages for Vallejo Company’s sales, cost
of goods sold, and expenses are listed here.


Vertical Analysis 201220112010
Sales 100.00%100.0%100.0%
Cost of goods sold 60.50%62.9%64.8%
Expenses 26.00%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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