Top Posters
Since Sunday
I
3
p
2
w
2
y
2
J
2
Q
2
r
2
o
2
e
2
j
2
d
2
T
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Bored. Bored.
wrote...
Go to Answer
Posts: 852
Rep: 4 0
7 years ago
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
Textbook 
Exploring Microsoft Office 2013, Volume 2, Canadian Edition

Exploring Microsoft Office 2013, Volume 2, Canadian Edition


Edition: 1st
Authors:
Read 108 times
1 Reply
Replies
Answer verified by a subject expert
AlexmosutheAlexmosuthe
wrote...
#1
Posts: 470
Rep: 16 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Bored. Author
wrote...

7 years ago
Helped a lot
Starfiew
wrote...

Yesterday
Correct Slight Smile TY
elizabetheldrid
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1616 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 160
  
 206
  
 191
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 374
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?