Shelcal Inc. provides the following data for the year 2015: On vertical analysis report, cost of goods sold as a percentage of net sales will amount to:
A)59.42%
B)61.15%
C)63.48%
D)64.07%

Question

Shelcal Inc. provides the following data for the year 2015:  On vertical analysis report, cost of goods sold as a percentage of net sales will amount to:
A)59.42% 
B)61.15% 
C)63.48% 
D)64.07%

Quizplus · Accepted Answer

The Answer of Shelcal Inc. provides the following data for the year 2015:  On vertical analysis report, cost of goods sold as a percentage of net sales will amount to:
A)59.42% 
B)61.15% 
C)63.48% 
D)64.07%