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Income Statement 1998 1999 Sales $ 500,000 $750,000 Cost of Goods Sold 250.000 400.000 Gross Margin 250,000 350,000 Operating Expenses 150.000 290.000 S 60,000 Net Income $100,000

Income Statement 1998 1999 Sales $ 500,000 $750,000 Cost of Goods Sold 250.000 400.000 Gross Margin 250,000 350,000 Operating Expenses 150.000 290.000 S 60,000 Net Income $100,000

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Calculate the vertical analysis

 

 

Income Statement 1998 1999 Sales $ 500,000 $750,000 Cost of Goods Sold 250.000 400.000 Gross Margin 250,000 350,000 Operating Expenses 150.000 290.000 Net Income $100,000 $ 60,000
Transcribed Image Text:Income Statement 1998 1999 Sales $ 500,000 $750,000 Cost of Goods Sold 250.000 400.000 Gross Margin 250,000 350,000 Operating Expenses 150.000 290.000 Net Income $100,000 $ 60,000
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