The following is a summary of information presented on the income statements of Haley Publications and Johnston Publications for December 31, 2007.

- Which company has the better relationship between selling and general expenses and net sales revenue?
A) It is impossible to determine which company has the better relationship between selling and general expenses and net sales revenue using the information presented.
B) The companies have the same relationship between selling and general expenses and net sales revenue.
C) Johnston Company has the better relationship between selling and general expenses and net sales revenue.
D) Haley Company has the better relationship between selling and general expenses and net sales revenue.

Question

The following is a summary of information presented on the income statements of Haley Publications and Johnston Publications for December 31, 2007.

- Which company has the better relationship between selling and general expenses and net sales revenue?
A) It is impossible to determine which company has the better relationship between selling and general expenses and net sales revenue using the information presented. 
B) The companies have the same relationship between selling and general expenses and net sales revenue. 
C) Johnston Company has the better relationship between selling and general expenses and net sales revenue. 
D) Haley Company has the better relationship between selling and general expenses and net sales revenue.

Quizplus · Accepted Answer

The Answer of The following is a summary of information presented on the income statements of Haley Publications and Johnston Publications for December 31, 2007.

- Which company has the better relationship between selling and general expenses and net sales revenue?
A) It is impossible to determine which company has the better relationship between selling and general expenses and net sales revenue using the information presented. 
B) The companies have the same relationship between selling and general expenses and net sales revenue. 
C) Johnston Company has the better relationship between selling and general expenses and net sales revenue. 
D) Haley Company has the better relationship between selling and general expenses and net sales revenue.

The Following Is a Summary of Information Presented on the Income