WP Wiley Plus Assignment #6 X WP NWP Assessment Player UI Appli X *Course Hero X + V X > C A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=c683f975-f161-4186-8476-d0623cbc1176#/question/8 Current Attempt in Progress The income statements of Sunland Corporation show the following amounts: 2020 2019 2018 Net sales $760 $730 $680 Cost of goods sold 540 509 449 Gross profit 220 221 231 Selling, general, and administrative expenses 190 150 110 Profit before tax 30 71 121 Using vertical (common-size) analysis, analyze Sunland Corporation's declining profit before tax. (Round answers to O decimal places, e.g. 52%.) 2020 2019 2018 Net sales % Cost of goods sold % % Gross profit Selling, general, and % % administrative expenses Profit before tax % /o W 99+ ( B F e 1:29 AM 8/7/2022