Question
Hi I feel confused about this question, and can you help me answer it and give me a full explanation? COMMON SIZE ANALYSIS 2019 2018
Hi I feel confused about this question, and can you help me answer it and give me a full explanation?
COMMON SIZE ANALYSIS
2019
2018
2017
Sales
100.00%
100.0%
100.0%
Cost of Sales
47.0%
45.2%
43.0%
Gross Profit
53.0%
54.8%
57.0%
Other expenses
16.2%
18.0%
20.0%
Operating profit
36.8%
36.8%
37.0%
Interest
4.6%
2.9%
1.5%
Profit before Tax
32.2%
33.9%
35.5%
Tax expense
9.6%
10.2%
10.7%
Net Profit
22.6%
23.7%
24.8%
(a)Explain how this analysis helps you assess the performance of WeRHere4U.
(b)Does this analysis explain how Pete has been able to achieve the excellent results? If so, how? If not, why not?
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