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quick response needed thanks XYZ Corporation's income statement and balance sheet are given below. a) Express this information as vertical trend percents. Please make sure
quick response needed thanks XYZ Corporation's income statement and balance sheet are given below. a) Express this information as vertical trend percents. Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. (For example: 12.34%) XYZ Corporation Income Statement Vertical Trend Percentages (6) 2016 2015 2014 2016 2015 2014 Sales $1,435,000 $1,238,000 $1,174,000 Cost of goods sold 1,230,000 1,095,000 991,000 Gross profit from sales 205,000 143,000 183,000 Operating expenses 122,000 104,000 98,000 Income before tax 83,000 39,000 85,000 Income taxes expenso 24,000 11,000 25,000 Net incomo $59,000 $28,000 $60,000
quick response needed thanks
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