The following financial statement items are shown for J&T Manufacturing. Calculate the common-size percentage for insurance expense.
A)3.3%
B)5.8%
C)23.3%
D)50.0%

Question

The following financial statement items are shown for J&T Manufacturing.  Calculate the common-size percentage for insurance expense.
A)3.3% 
B)5.8% 
C)23.3% 
D)50.0%

Quizplus · Accepted Answer

The Answer of The following financial statement items are shown for J&T Manufacturing.  Calculate the common-size percentage for insurance expense.
A)3.3% 
B)5.8% 
C)23.3% 
D)50.0%

The Following Financial Statement Items Are Shown for J&T Manufacturing