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)40.7%, 8.2%, 5.0%, 4.7%
B)40.7%, 8.3%, 12.2%, 11.6%
C)40.7%, 8.2%, 60.6%, 4.7%
D)40.7%, 20.2%, 12.2%, 11.6%

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.
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A)40.7%, 8.2%, 5.0%, 4.7% 
B)40.7%, 8.3%, 12.2%, 11.6% 
C)40.7%, 8.2%, 60.6%, 4.7% 
D)40.7%, 20.2%, 12.2%, 11.6%

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)40.7%, 8.2%, 5.0%, 4.7% 
B)40.7%, 8.3%, 12.2%, 11.6% 
C)40.7%, 8.2%, 60.6%, 4.7% 
D)40.7%, 20.2%, 12.2%, 11.6%

The Following Chart Shows Some Figures from an Income Statement