Vertical analysis (common-size) percentages for Crane Company's net sales, cost of goods sold, and expenses are listed here. Vertical Analysis 2025 2024 2023 Net sales 100.0 % 100.0 % 100.0 % Cost of goods sold 60.9 63.9 66.4 Expenses 25.3 26.6 28.1 (a1) Calculate Crane's net income as a percent of net sales. (Round answers to 1 decimal place, e.g. 5.2%.) Net income eTextbook and Media Save for Later 2025 % 2024 % 2023 % Attempts: 0 of 2 used Submit Answer