Presented are the income statements of Conley and Woolf Publications companies for the current year: What should Woolf do to improve its performance to match or to exceed Conley's performance?
A)Reduce percentage of COGS
B)Reduce percentage of income tax expense
C)Reduce percentage of selling/general expenses
D)Any of the above would be useful to improve performance.

Question

Presented are the income statements of Conley and Woolf Publications companies for the current year:  What should Woolf do to improve its performance to match or to exceed Conley's performance?
A)Reduce percentage of COGS 
B)Reduce percentage of income tax expense 
C)Reduce percentage of selling/general expenses 
D)Any of the above would be useful to improve performance.

Quizplus · Accepted Answer

The Answer of Presented are the income statements of Conley and Woolf Publications companies for the current year:  What should Woolf do to improve its performance to match or to exceed Conley's performance?
A)Reduce percentage of COGS 
B)Reduce percentage of income tax expense 
C)Reduce percentage of selling/general expenses 
D)Any of the above would be useful to improve performance.

Presented Are the Income Statements of Conley and Woolf Publications