Vertical Evaluation: The Way To Use Vertical Evaluation To Compare Your Financial Performance With Business Benchmarks And Standards
This indicates that a good portion of gross sales income is allocated to cowl the price of items bought. The gross profit, calculated as net sales minus COGS, is \$12,704, leading to a gross profit percentage of 21.9%. Instance of the vertical evaluation accounting of the financial statement, which reveals the entire quantity and share.
