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Title: Assume you are using net sales as the base in vertical analysis. Cost of goods sold in 2013 is 67%, ... Post by: Bored. on Nov 11, 2017 Assume you are using net sales as the base in vertical analysis. Cost of goods sold in 2013 is 67%, and is 70% in 2014. This would always indicate that:
A) gross margin has declined B) cost of goods sold as a percentage of net sales has increased C) the dollar amount of cost of goods sold has increased D) gross margin has declined, cost of goods sold as a percentage of net sales has increased, and the dollar amount of cost of goods sold has increased Title: Re: Assume you are using net sales as the base in vertical analysis. Cost of goods sold in 2013 is ... Post by: Alexmosuthe on Nov 11, 2017 Content hidden
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