System Announcements Brief Exercise 13-8 Vertical analysis (common-size) percentages for Cullumber Company's sales revenue, cost of goods sold, and expenses are listed here. Vertical Analysis 2017 2016 2015 Sales revenue Cost of goods sold Expenses 100 % 61.7 25.3 100 % 64.0 27.0 100 % 65.3 29.8 Calculate Cullumber's net income as a percent of sales. (Round answers to 1 decimal place, e.g. 5.2.) 2017 2016 2015 Net income LINK TO TEXT INTERACTIVE TUTORIAL Did Cullumber's net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Cullumber's net income as a percent of sales LINK TO TEXT Question Attempts: 0 of 2 use to search