ABZ Company Vertical Analysis 2015 2016 2017 Sales 100% 100% 100% Cost of Goods Sold 33% 41% 47% Gross Profit 2 3 Salaries 24% 26% 35% Rent 7% 8 11 Marketing 6% 9. 10 Utilities 2% 3 Other Expenses 2% 3 Total Expenses Net Income 8. Answer the following questions: 1-9 Total the percentages for each. 11-25. Convert the Vertical Analysis of the ABZ company percentage into a financial value. 6.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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In 2015, the Abz Company made a total of 1,341,312.44 pesos in 100% sales.
In 2016, the Abz Company made a total of 3,991,834.73 pesos in 100% sales.
In 2017, the Abz Company made a total of 4,896,644.99 pesos in 100% sales.
ABZ Company Vertical Analysis
2015
2016
2017
Sales
Cost of Goods
Sold
Gross Profit
Salaries
Rent
Marketing
Utilities
Other Expenses
Total Expenses
Net Income
Transcribed Image Text:In 2015, the Abz Company made a total of 1,341,312.44 pesos in 100% sales. In 2016, the Abz Company made a total of 3,991,834.73 pesos in 100% sales. In 2017, the Abz Company made a total of 4,896,644.99 pesos in 100% sales. ABZ Company Vertical Analysis 2015 2016 2017 Sales Cost of Goods Sold Gross Profit Salaries Rent Marketing Utilities Other Expenses Total Expenses Net Income
ABZ Company Vertical Analysis
2015
2016
2017
Sales
100%
100%
100%
Cost of Goods
Sold
33%
41%
47%
Gross Profit
2
3
Salaries
24%
26%
35%
Rent
7%
8
11
Marketing
6%
10
Utilities
2%
Other Expenses
2%
3.
Total Expenses
Net Income
Answer the following questions:
1-9 Total the percentages for each.
11-25. Convert the Vertical Analysis of the ABZ company percentage into a financial value.
3.
6.
3.
Transcribed Image Text:ABZ Company Vertical Analysis 2015 2016 2017 Sales 100% 100% 100% Cost of Goods Sold 33% 41% 47% Gross Profit 2 3 Salaries 24% 26% 35% Rent 7% 8 11 Marketing 6% 10 Utilities 2% Other Expenses 2% 3. Total Expenses Net Income Answer the following questions: 1-9 Total the percentages for each. 11-25. Convert the Vertical Analysis of the ABZ company percentage into a financial value. 3. 6. 3.
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