TABLE 1.3 Scotts Miracle-Gro Company, Income Statements (S millions) Net sales Cost of goods sold Gross profit Selling, general and administrative expenses Depreciation and amortization Other expense (income) net Total operating expenses Operating income Interest expense Other nonoperating expenses Total nonoperating expenses Income before income taxes Provision for income taxes Net income 13. Required: a./ Analysis vertical common and comment b./ Prepare a trend analysis and comment. c./ Cal PROFITABLITY ANALYSIS 2006 $2,697.1 1,674.1 1,023.0 636.9 67.0 (9.2) 694.7 328.3 39.6 75.8 115.4 212.9 80.2 $ 132.7 September 30 2007 $2,871.8 1,799.8 1,072.0 700.9 67.5 (11.5) 756.9 315.1 70.7 56.3 127.0 188.1 74.7 S 113.4