Consider the financial performance comparisons shown. Provide an analysis to describe the comparisons. KLM Company-Comparison of financial performance 2017 and 2018 Account 2017 2018 $ Difference Per Cent Common Size (per cent of sales income) 2012 2013 Sales Income $230,000 $320,000 $90,000 39 100 100 Cost of Sales $115,000 $165,000 $50,000 43 50 51.6 Wage Costs $30,000 $45,000 $15,000 50 13 14 Transport Costs $25,000 $35,000 $10,000 40 10.9 10.9 Marketing Costs $15,000 $20,000 $5,000 33 6.5 6.3 Total Costs $185,000 $265,000 $80,000 43 80.4 82.8 Profit $45,000 $55,000 $10,000 22 19.6 17.2

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The financial performance comparisons for KLM Company in 2017 and 2018 show the following information 1 Sales Income Sales income increased from 23000... View the full answer