The "percentage" used in the percent-of-sales calculation can be obtained from
A) the most recent financial statement item as a percent of current sales.
B) an average computed over several years.
C) an analyst's judgment.
D) all of the above.

Question

Quizplus · Accepted Answer

The percentage used in the percent-of-sales calculation can be obtained from a variety of sources, including the most recent financial statement item as a percent of current sales, an average computed over several years, or an analyst's judgment. This allows for flexibility in forecasting and adapting to different financial analysis scenarios.

The "Percentage" Used in the Percent-Of-Sales Calculation Can Be Obtained