skip to Main Content
The smarter way
to do assignments.

Please note that this is just a preview of a school assignment posted on our website by one of our clients. If you need assistance with this question too, please click on the Order button at the bottom of the page to get started.

Vertical analysis (common size) percentages for Osborne Hot Dogs sales, cost of goods sold, and expenses are as follows:Vertical Analysis200720062005Sales100.0100.0100.0Cost of goods sold59.262.464.5Expenses25.026.627.5Did Osbornes net income as a percent of sales increase, decrease, or remain unchanged over the three-year period? Provide numerical support for your answer.
For making the Vertical Analysis, we have taken the Sales Values as 100% for all the three years and then calculating the % of other sub categories of income statement. % Value = Value of Subcategory/ Sales Vertical Analysis 2007 2006 2005 Sales 100% 100% 100% Cost of goods sold 59.20% 62.40% 64.50% Expenses…

25% 26.60% 27.50% Net Income Sales – Cost of Goods sold – Expenses Net Income 15.800% 11.000% 8.000% So we can see that Net income as a percentage of Sales has increased from 8.00% in 2005 to 15.80% in 2007.


Clicking on this button will take you to our custom assignment page. Here you can fill out all the additional details for this particular paper (grading rubric, academic style, number of sources etc), after which your paper will get assigned to a course-specific writer. If you have any issues/concerns, please don’t hesitate to contact our live support team or email us right away.

How It Works        |        About Us       |       Contact Us

© 2018 | Intelli Essays Homework Service®