Selected information about the Thomas Trucks Company for the current year and prior year is given below. The current year's cost of goods sold percentage (as would be found on a vertical analysis of the income statement for the current year)is
A)4)76%
B)37.82%
C)10.95%
D)62.18%

Question

Selected information about the Thomas Trucks Company for the current year and prior year is given below.  The current year's cost of goods sold percentage (as would be found on a vertical analysis of the income statement for the current year)is
A)4)76% 
B)37.82% 
C)10.95% 
D)62.18%

Quizplus · Accepted Answer

The Answer of Selected information about the Thomas Trucks Company for the current year and prior year is given below.  The current year's cost of goods sold percentage (as would be found on a vertical analysis of the income statement for the current year)is
A)4)76% 
B)37.82% 
C)10.95% 
D)62.18%

Selected Information About the Thomas Trucks Company for the Current