Question 1) What does the numbers tell us?
Question 2) What does the company needs to do about it?
Vermeer's business plan
Income statement 1998 1999
Revenues 36,541 74,079
Gross profit 27,731 56,156
Operating expenses
Payroll 9,820 14,740
contractors fees 35 35
advertising 500 500
recruiting 446 638
medical 635 935
Total opex 12,451 18,059
taxes 6,799 16,588
net income 8,480 20,580
return on sales 23.2 27.8
common shares 6,935 6,935
EPS 1.2 2.97