Brief Exercise 13-8 (Essay)Vertical analysis (common-size) percentages for Vallejo Company’s sales, cost of goods sold, and expenses are listed here.Vertical Analysis201220112010Sales 100% 100% 100%Cost of goods sold 62.763.666.7Expenses 25.427.229.5Did 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 Analysis201220112010Sales 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.

"Get 15% discount on your first 3 orders with us"
Use the following coupon
"FIRST15"

Order Now

Brief Exercise 13-8 (Essay)Vertical analysis (common-size) percentages for Vallejo Company’s sales, cost of goods sold, and expenses are listed here.Vertical Analysis201220112010Sales 100% 100% 100%Cost of goods sold 62.763.666.7Expenses 25.427.229.5Did 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 Analysis201220112010Sales 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.

"Get 15% discount on your first 3 orders with us"
Use the following coupon
"FIRST15"

Order Now