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Vertical Analysis (Common-Size) Percentages for Austin Company's Sales, Cost of Goods

Question 253

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Vertical analysis (common-size) percentages for Austin Company's sales, cost of goods sold, and expenses are listed here. Vertical analysis (common-size) percentages for Austin Company's sales, cost of goods sold, and expenses are listed here. Did Austin Company's net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer. Did Austin Company's net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer.

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blured image *(Sal. rev. % − COGS% − oper. exp.%)
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