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Use Vertical Analysis (Common Size) to analyze the income statement 2019 % % 100% 100% $6,355 3,370 2,985 2018 $4,920 2,200 2,720 675 Net Sale
Use Vertical Analysis (Common Size) to analyze the income statement 2019 % % 100% 100% $6,355 3,370 2,985 2018 $4,920 2,200 2,720 675 Net Sale Cost of Goods Sold Gross Profit Operating Expenses: Selling Expenses Administrative Expenses Total Operating Expenses Operating Income Other Income and (Ex se): Interest Expenses Total Other Income and (Expenses) Income Before Income Taxes Income Tax Expenses Net Income 410 1,085 1,900 580 425 1,005 1,715 (400) (400) 1,500 230 $1,270 (695) (695) 1,020 210 $ 810
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