Wright & Boyle Inc.had the following income statement for the month of May:
-
What was the sales revenue percent?

A) 100%
B) 48%
C) 52%
D) 16%

Name: Wright & Boyle Inc.had the following income statement for the month of May: - What was the sales revenue percent? A) 100% B) 48% C) 52% D) 16%
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Question

Wright & Boyle Inc.had the following income statement for the month of May:
-
 What was the sales revenue percent?

A) 100% 
B) 48% 
C) 52% 
D) 16%

Quizplus · Accepted Answer

SUPPORTING CALCULATIONS:
Sales revenue percent = ($470,800 / $470,800) = 100% (sales revenue is always 100% of itself)