1. Complete the vertical analysis by computing each missing line item as a percentage of...
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1. Complete the vertical analysis by computing each missing line item as a percentage of sales revenues 2. Does Stock's Cost of Goods sold for the current year, as a percentage of revenues, represent better or worse performance as compared to that for the previous year? 3. Has Stock's net profit margin increased, or decreased, over the two years? Complete this question by entering your answers in the tabs below. Complete the vertical analysis by computing each missing line item as a percentage of sales revenues. Note: Round your answers to the nearest whole percent. PA13-4 (Algo) Vertical Analysis of an Income Statement [LO 13-3, LO 13-5] A condensed income statement for Stock Storage and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of sales revenues. 2. Does Stock's Cost of Goods sold for the current year, as a percentage of revenues, represent better or worse performance as compared to that for the previous year? 3. Has Stock's net profit margin increased, or decreased, over the two years? Complete this question by entering your answers in the tabs below. Does Stock's Cost of Goods sold for the current year, as a percentage of revenues, represent better or worse performance as compared to that for the previous year? Cost of Goods sold for the current year as a percontage of revonues, represent A condensed income statement for Stock Storage and a partially completed vertical analysis are presented Delow. Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of sales revenues. 2. Does Stock's Cost of Goods sold for the current year, as a percentage of revenues, represent better or worse performance as compared to that for the previous year? 3. Has Stock's net profit margin increased, or decreased, over the two years? Complete this question by entering your answers in the tabs below. Has Stock's net profit margin increased, or decreased, over the two years
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