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Review the balance sheet and income statement for Andrew Inc. and briefly describe three trends for the balance sheet and three trends for the
Review the balance sheet and income statement for Andrew Inc. and briefly describe three trends for the balance sheet and three trends for the income statement. The summary should be on one page. Income statement Sales: From 2016 to 2018, sales trend is decreasing. In this two years, it decreased nearby 70%. It may be due to competition, quality of product, changes in government policies, no demand of particular products. Cost of Goods sold: As sales decrease, the cost of goods sold are also decrease nearby 30% in the past three years. Selling Expenses: As sales decrease, the Selling expenses are also decrease nearby 30% in the three years. Selling expenses relies on the sales and sales are decreased, so selling expenses are also decreased. Overall,
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