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A 8 % OEM Limited had the following income statement information for 2 0 1 8 and 2 0 1 9 complete verbal analysis common

A 8% OEM Limited had the following income statement information for 2018 and 2019 complete verbal analysis common size percentages and trend percentages using 2018 as the base year common size trend percentages 201820192018201920182019 sales $230,000 $270,000 cost of good sold 120,000145,000 gross profit $110,000 $125,000.02 percent evaluate the situation shown as favourable or unfavourable change from 2018 to 2019 formally common size equals analysis amount base amount X 100%10% equals analysis. Amount base. Amount X 100%

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