Compare the trend in profitability over 2-year period with and without nonrecurring items for the company (vertical
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Compare the trend in profitability over 2-year period with and without nonrecurring items for the company (vertical and horizontal analysis + conclusions/interpretation):
EUR mn | Year 2 | Year 1 |
Sales | 7103 | 7047 |
COGS | (4295) | (4122) |
SG&A | (1712) | (1724) |
Depreciation | (235) | (260) |
Interest expense | (146) | (149) |
Gain on sale of business | 127 | |
Net Income | 715 | 919 |
Related Book For
Accounting Principles
ISBN: 978-1118342190
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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