i don't know how to figure this out

Anonymous
timer Asked: Sep 10th, 2015

Question description

Vertical analysis (common size) percentages for Kochheim Company’s sales, cost of goods sold, and expenses are shown below.

Vertical Analysis

2015

2014

2013

Sales100.0100.0100.0
Cost of goods sold60.262.463.5
Expenses25.025.627.5

(a) Calculate net income.

2015

2014

2013

Net incomeEntry field with incorrect answerEntry field with incorrect answerEntry field with incorrect answer


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