Consider the information: Based on common-sized income statements, which of the companies spent, relative to sales, the least on operating expenses?

Name: Consider the information: Based on common-sized income statements, which of the companies spent, relative to sales, the least on operating expenses?
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Question

Consider the information:  Based on common-sized income statements, which of the companies spent, relative to sales, the least on operating expenses?

Quizplus · Accepted Answer

Operating expenses as a percentage of sales:
Company A: $9,600 ÷ $80,000 = 12.0%
Company B: $12,600 ÷ $180,000 = 7.0%
Company C: $10,800 ÷ $120,000 = 9.0%
Company D: $10,000 ÷ $100,000 = 10.0%

Consider the Information: Based on Common-Sized Income Statements, Which