Prepare a vertical analysis using the following data (in thousands) from the comparative income statement of JTI
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2012 $1,914 1,612 302 218 84 17 $ 67 2011 Net sales Cost of goods sold Gross profit Operating expenses Profit before income tax Income tax expense Profit $2,073 1,674 399 210 189 38 $ 151
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2012 2011 Amount Percentage Amount Percentage Net sales 19...View the full answer
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118024492
5th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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