Income Statement 2013 2012 2011 Vertical Anaylsis Vertical Anayl Horizontal
Net revenue 5,075,390 4,763,180 4,158,507 year 1 year 2 Anaylsis
Cost of goods 1,377,242 1,297,102 1,134,966
Gross profit 3,698,148 3,466,078 3,023,541
Total operating expense 2,173,607 1,954,089 1,718,617
Earnings from operations 1,524,541 1,511,989 1,304,924
Intrest expense 0 0 0
Net earnings 1,034,420 1,038,910 880,800

Balance Sheet
Cash 1,062,785 917,215 699,782
Short term investments 72,106 0 2,256
Net accounts receivable 175,477 174,462 142,898
Inventory 524,706 504,490 421,831
Current assets 2,070,947 1,804,528 1,452,388
Net fixed assets 694,711 644,449 582,348
Total Assets 3,531,897 3,104,321 2,635,116