Question
Based on the given information for the Beagle Company below: 3) Put together a vertical analysis of the income statement in good form.Round percentages to
Based on the given information for the Beagle Company below:
3) Put together a vertical analysis of the income statement in good form.Round percentages to one decimal point. (1 pt.)
2020 2019
Net sales 180,000 $ 150,000
Cost of goods sold 147,000 120,000
Gross profit 33,000 30,000
Selling & admin. exp. 25,000 18,000
Net income $8,000 $12,000
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International Accounting
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
5th edition
1259747980, 9781259747984, 1260466531, 978-1260466539
