Solution-Did vallejos net income as a percent of sales

Did vallejos net income as a percent of sales increase

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Reference no: EM131045800

Vertical analysis (common-size) percentages for Vallejo Company's sales, cost of goods sold, and expenses are listed here.

Vertical Analysis	2012		2011		2010
Sales	100	%	100	%	100	%
Cost of goods sold	60.5		63.9		66.2
Expenses	25.8		26.0		29.7

Did Vallejo's net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer.

Horizontal analysis (trend analysis) percentages for Spartan Company's sales, cost of goods sold, and expenses are listed here.

Horizontal Analysis	2012		2011		2010
Sales	96.2	%	104.8	%	100.0	%
Cost of goods sold	101.0		98.0		100.0
Expenses	105.6		95.4		100.0

Explain whether Spartan's net income increased, decreased, or remained unchanged over the 3-year period.

Reference no: EM131045800

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Did vallejos net income as a percent of sales increase

Reference no: EM131045800

Reference no: EM131045800

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