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Percentages for vallejo companys sales

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Reference no: EM13329233

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

137_Vertical analysis.PNG

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.

Reference no: EM13329233

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