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MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
Vertical analysis (common size) percentages for Kochheim Company"s sales revenue, cost of goods sold, and expenses are shown below.
|
Vertical Analysis |
2015 |
2014 |
2013 |
|
Sales revenue |
100.0 |
100.0 |
100.0 |
|
Cost of goods sold |
60.2 |
62.4 |
63.5 |
|
Expenses |
25.0 |
25.6 |
27.5 |
Did Kochheim"s net income as a percentage of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your answer
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