Question 1 Vertical analysis (common-size) percentages for Crane Company's sales revenue, cost of goods sold, and expenses are listed here. Vertical Analysis Sales revenue Cost of goods sold Expenses 2017 100 % 61.9 25.3 2016 100 % 63.1 26.8 2015 100 % 66.6 28.5 (al) Calculate Crane's net income as a percent of sales. (Round answers to 1 decimal place, e.g. 5.2. 2017 2016 2015 Net income