The following chart shows some figures from an income statement. Prepare a vertical analysis by expressing each item as a percent of net sales. Round percents to the nearest tenth of a percent.
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A)32.0%, 9.0%, 52.6%, 3.8%
B)32.0%, 9.1%, 14.8%, 11.9%
C)32.0%, 28.1%, 14.8%, 11.9%
D)32.0%, 9.0%, 4.7%, 3.8%

Question

The following chart shows some figures from an income statement. Prepare a vertical analysis by expressing each item as a percent of net sales. Round percents to the nearest tenth of a percent.
-
A)32.0%, 9.0%, 52.6%, 3.8% 
B)32.0%, 9.1%, 14.8%, 11.9% 
C)32.0%, 28.1%, 14.8%, 11.9% 
D)32.0%, 9.0%, 4.7%, 3.8%

Quizplus · Accepted Answer

The Answer of The following chart shows some figures from an income statement. Prepare a vertical analysis by expressing each item as a percent of net sales. Round percents to the nearest tenth of a percent.
-
A)32.0%, 9.0%, 52.6%, 3.8% 
B)32.0%, 9.1%, 14.8%, 11.9% 
C)32.0%, 28.1%, 14.8%, 11.9% 
D)32.0%, 9.0%, 4.7%, 3.8%

The Following Chart Shows Some Figures from an Income Statement