Mathematics, 16.12.2020 19:40 isabellajmoody
1. Compare the trend in profitability over 2-year period with and without nonrecurring items for the company (vertical and horizontal analysis + conclusions/interpretation):
EUR mn Year 2 Year 1
Sales 7103 7047
COGS (4295) (4122)
SG&A (1712) (1724)
Depreciation (235) (260)
Interest expense (146) (149)
Gain on sale of business 127
Net Income 715 919
Answers: 3
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