Business, 16.04.2020 18:07 alarconanais07

Vertical analysis (common-size) percentages for Palau Company’s sales revenue, cost of goods sold, and expenses are listed here. Vertical Analysis 2017 2016 2015 Sales revenue 100 % 100 % 100 % Cost of goods sold 60.5 62.9 64.8 Expenses 26 26.6 27.5 Calculate Palau’s net income as a percent of sales. (Round answers to 1 decimal place, e. g. 5.2%.) 2017 2016 2015 Net income % % % LINK TO TEXT Did Palau’s net income as a percent of sales increase, decrease, or remain unchanged over the 3-year period? Palau’s net income as a percent of sales

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