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upton upton
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Posts: 942
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7 years ago
If Rick's sales increased from $40,000 to $80,000 and its cost of goods sold increased from $25,000 to $60,000, then vertical analysis based on sales would show the following for cost of goods sold for the two periods:
A) 62.5% and 75%
B) 75% and 62.5%.
C) 133.33% and 160%
D) 160% and 133.33%.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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Posts: 772
7 years ago
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upton Author
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7 years ago
Thanks for your help!!
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Yesterday
Good timing, thanks!
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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