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Consider the financial performance comparisons. Provide analysis (150 to 180 words) to describe the comparisons. KLM Company Comparison of financial performance 2012 and 2013 Account

Consider the financial performance comparisons. Provide analysis (150 to 180 words) to describe the comparisons.

KLM Company

Comparison of financial performance

2012 and 2013

Account

2012

2013

$ Difference

Per Cent

Common Size (per cent of sales income)

2012

2013

Sales Income

$230,000

$320,000

$90,000

39

100

100

Cost of sales

$115,000

$165,000

$50,000

43

50

51.6

Wage Costs

$30,000

$45,000

$15,000

50

13

14

Transport Costs

$25,000

$35,000

$10,000

40

10.9

10.9

Marketing Costs

$15,000

$20,000

$5,000

33

6.5

6.3

Total costs

$185,000

$265,000

$80,000

43

80.4

82.8

Profit

$45,000

$55,000

$10,000

22

19.6

17.2

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