Solution-Did osbornes net income as a percent of sales

Did osbornes net income as a percent of sales increase

Reference no: EM13575824

Vertical analysis (common size) percentages for Osborne Hot Dogs' sales, cost of goods sold, and expenses are as follows:

Vertical Analysis	2007	2006	2005
Sales	100.0	100.0	100.0
Cost of goods sold	59.2	62.4	64.5
Expenses	25.0	26.6	27.5

Did Osborne's net income as a percent of sales increase, decrease, or remain unchanged over the three-year period? Provide numerical support for your answer.

Reference no: EM13575824

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Did osbornes net income as a percent of sales increase

Reference no: EM13575824

Reference no: EM13575824

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