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Vertical analysis (common-size) percentages for Sheridan Company's sales revenue, cost of goods sold, and expenses are listed here. Vertical Analysis 20172016 2015 Sales revenue 100

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Vertical analysis (common-size) percentages for Sheridan Company's sales revenue, cost of goods sold, and expenses are listed here. Vertical Analysis 20172016 2015 Sales revenue 100 % 100 % 100% Cost of goods sold 60.7 645 667 Expenses 24.6 270 28.7 Calculate Sheridan's net income as a percent of sales. (Round answers to 1 decimal place es. 5.2) 2017 2016 2015 Net income eTextbook and Media riod? Did Sheridan's net income as a percent of sales increase, decrease, orremain unchanged over the 3-year pe Sheridan's net income as a percent of sales

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