Answer question.
Analyze the common size income statements below for 3T Company:
2015
2014
Net sales
100%
COGS
89
87
Gross margin
11%
13%
Selling, general and administrative
7
9
Restructuring, asset impairments and other charges
0
Income/(loss) from operations
4%
(5)%
Interest expense
(1)
(2)
Income/(loss) before taxes
3%
(7%)
Provision for/(benefit from) income taxes
1
Income/(loss) after taxes
2%
(7)%
Discontinued operations, net
6
Net income (loss)
8%
(6)%
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
(Save $1 )
One time Pay
(Save $5 )
Billed Monthly
*First month only
You can see the logs in the Dashboard.
