Question
You are examining the common-size income statements for a company for the past five years and have noticed that the cost of goods as a
You are examining the common-size income statements for a company for the past five years and have noticed that the cost of goods as a percentage of sales has been increasing steadily. At the same time. EBIT as a percentage of sales has been decreasing. What might account for the trends in these ratios?
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Applied Corporate Finance
Authors: Aswath Damodaran
4th edition
978-1-118-9185, 9781118918562, 1118808932, 1118918568, 978-1118808931
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