rief Exercise 13-8 (Essay)Vertical analysis (common-size) percentages for Vallejo Companyâ??s sales,

rief Exercise 13-8 (Essay)Vertical analysis (common-size) percentages for Vallejo Companyâ??s sales,

rief Exercise 13-8 (Essay)Vertical analysis (common-size) percentages for Vallejo Company’s sales, cost of goods sold, and expenses are listed here.Vertical Analysis2012 2011 2010Sales 100% 100% 100%Cost of goods sold 62.7 63.6 66.7Expenses 25.4 27.2 29.5Did Vallejo’s net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Provide numerical support for your

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