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Brief Exercise 9-8 Vertical analysis (common-size) percentages for Wildhorse Co.'s sales revenue, cost of goods sold, and expenses are listed here. Vertical Analysis Sales revenue
Brief Exercise 9-8 Vertical analysis (common-size) percentages for Wildhorse Co.'s sales revenue, cost of goods sold, and expenses are listed here. Vertical Analysis Sales revenue Cost of goods sold Expenses 2017 100 % 61.6 25.3 2016 100 % 64.7 26.0 2015 100 % 66.9 29.2 Calculate Wildhorse's net income as a percent of sales. (Round answers to 1 decimal place, e.g. 5.296.) 2017 2016 2015 Net income LINK TO TEXT INTERACTIVE TUTORIAL Did Wildhorse's net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Wildhorse's net income as a percent of sales Click if you would like to Show Work for this question: Open Show Work
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