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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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7 years ago
If Cara's Piano sales increased from $40,000 to $60,000 and its cost of goods sold decreased from $24,000 to $12,000, then vertical analysis based on sales would show the following for cost of goods sold (rounded to the nearest percent):
A) 10% and 30%.
B) 60% and 20%.
C) 67% and 40%.
D) 50% and 67%.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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keytwokeytwo
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7 years ago
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