Vertical analysis (common size) percentages for Kochheim Companys sales revenue, cost of goods sold, and expenses are
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Did Kochheims net income as a percentage of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for youranswer.
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Vertical Analysis Sales revenue Cost of goods sold 2015 100.0 60.2 25.0 2014 100.0 62.4 25.6 2013 100.0 63.5 27.5 Expenses
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Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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