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Vertical analysis (common-size) percentages for Blossom Company's sales revenue, cost of goods sold, and expenses are listed here. Vertical Analysis 2022 2021 2020 Sales revenue

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Vertical analysis (common-size) percentages for Blossom Company's sales revenue, cost of goods sold, and expenses are listed here. Vertical Analysis 2022 2021 2020 Sales revenue 100.0 % 100.0 % 100.0 % Cost of goods sold 60.8 63.9 66.0 Expenses 25.3 27.0 29.0 Calculate Blossom's net income as a percent of sales. (Round answers to 1 decimal place, e.g. 5.2.) 2022 2021 2020 Net income Did Blossom's net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Blossom's net income as a percent of sales

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