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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
If Net Sales at Baskin's Bakery increased from $40,000 to $60,000 and its cost of goods sold increased from $20,000 to $40,000, the vertical analysis based on net sales would show the following percentages for cost of goods sold (rounded to nearest %):
A) 40% and 20%.
B) 10% and 30%.
C) 50% and 67%.
D) 67% and 40%.
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Financial Accounting

Financial Accounting


Edition: 3rd
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antonio_johnantonio_john
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7 years ago
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Massachusetts Institute of Technology
-- Accounting

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