Income Statement of Three years

(in thousands)	2020	2019	2018
Net sales	5007357	4826549	4625364
Cost of sales	3238448	3156047	3069652
Gross profit	1768909	1670502	1555712
Selling, delivery and administrative expenses	1455531	1489748	1497810
Income from operation	313378	180754	57902
interest expense, net	36735	45990	50506
Gain on exchange transactions	0	0	30853
Other expense, net	35603	100539	10170
Income before taxes	241040	34225	-13287
Income tax expense	58943	15665	1869
Net income	182097	18560	-15156
Less: Net income attributable to noncontrolling interest	9604	7185	4774)
Net income attributable to coca-cola consolidated, Inc.	172493	11375	-19930
Other comprehensive loss, net of tax	-4051	-18017	16937
Comprehensive income (loss) attributable to Coca-Cola Consolidated, Inc.	168442	-6642	-2993

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Question: Just Do the Vertical analysis for coca cola company to examine critically the performance of the organization for the F.Y.- 2018-19 & 2019-20.

Answer rating: 100% (QA)

FY 201920 in next step Step 33 FY 201920 Based on the data given and explanation provided in the pre... View the full answer