Common-size and trend percents for JBC Companys sales, cost of goods sold, and expenses follow: Determine whether

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Common-size and trend percents for JBC Company’s sales, cost of goods sold, and expenses follow:

COMMON-SIZE PERCENTS TREND PERCENTS 2004 100.0% 58.1 14.1 2005 2006 2004 2005 2006 100.0% 60.9 13.8 104.4% 112.1 105.9 1


Determine whether net income increased, decreased, or remained unchanged in this three-year period.

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Related Book For  answer-question

Financial Statement Analysis

ISBN: 978-0073379432

10th edition

Authors: K. R. Subramanyam, John J. Wild

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