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Home Q & A Board Other Fields Homework Help Business Accounting
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pmiller1129 pmiller1129
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A year ago
The following financial statement items are shown for J&T Manufacturing.

Net sales$840,000
Cost of goods sold360,000
Insurance expense28,000
Total operating expenses120,000
Net income56,000
Calculate the common-size percentage for insurance expense.

▸ 3.3%

▸ 50.0%

▸ 23.3%

▸ 5.8%
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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shalashashalasha
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A year ago
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pmiller1129 Author
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A year ago
This site is awesome
big_larry_samp
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Yesterday
Good timing, thanks!
ediblefruitz
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2 hours ago
Smart ... Thanks!
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