Solution-Calculate sandhill net income as a percent of sales

Calculate sandhill net income as a percent of sales

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Reference no: EM132450564

Problem - Vertical analysis (common-size) percentages for Sandhill Co.'s sales revenue, cost of goods sold, and expenses are listed here.

Vertical Analysis	2017	2016	2015
Sales revenue	100%	100%	100%
Cost of goods sold	61.2	63.6	66.1
Expenses	24.8	27.8	28.7

Required - Calculate Sandhill's net income as a percent of sales.

Reference no: EM132450564

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Calculate sandhill net income as a percent of sales : Vertical analysis (common-size) percentages for Sandhill Co.'s sales revenue, cost of goods sold, Calculate Sandhill's net income as a percent of sales

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Calculate sandhill net income as a percent of sales

Reference no: EM132450564

Reference no: EM132450564

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