0/1 Vertical analysis (common-size) percentages for Sandhill Co's sales revenue, cost of goods sold, and expenses are listed here 2016 2017 100 % 100 % Vertical Analysis Sales revenue Cost of goods sold Expenses 2015 100 % 65.7 29.9 62.3 63.5 26.9 24.3 x Your answer is incorrect. Calculate Sandhill's net income as a percent of sales. (Round answers to 1 decimal place, e.g. 5.2%) 2017 2016 2015 623 95 Net income 657 635 96 Teythook and Media BE O to search G JULA Pab. uiz II! Question 6 of 14 -12 View Policies Current Attempt in Progress Using these data from the comparative balance sheet of Crane Company, perform vertical analysis. (Round percentages to 1 decimal place, eg. 12.5%.) Dec 31, 2017 Percentage Dec 31, 2016 Percentage Amount Amount Accounts receivable $ 460,320 % $ 413,740 % Inventory $ 675,136 % $578.140 Total assets $3,068,800 % $2.740.000 % e Textbook and Media Attempts: 0 of 2 used Submit Answer Save for Later O G e here to search