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The Following Are the Income Statements of the Franz Company

Question 59

Multiple Choice

The following are the income statements of the Franz Company for two consecutive years. Which expense(s) increased substantially as a percentage of sales and thus contributed to the net loss in 2014? The following are the income statements of the Franz Company for two consecutive years. Which expense(s)  increased substantially as a percentage of sales and thus contributed to the net loss in 2014?   A)  administrative expenses B)  selling expenses and administrative expenses C)  cost of goods sold D)  cost of goods sold and selling expenses


A) administrative expenses
B) selling expenses and administrative expenses
C) cost of goods sold
D) cost of goods sold and selling expenses

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