Percentage changes
Selected information from the financial statements of Perfectly Baked Cake Co.appears below:
(a)Compute the percentage change in each of the above items from 2017 to 2018.Use a + or - to indicate increase or decrease. (b)Compute net income as a percentage of net sales in each year.(Round to the nearest one-tenth of 1%)

Question

Percentage changes
Selected information from the financial statements of Perfectly Baked Cake Co.appears below:
  (a)Compute the percentage change in each of the above items from 2017 to 2018.Use a + or - to indicate increase or decrease.  (b)Compute net income as a percentage of net sales in each year.(Round to the nearest one-tenth of 1%)

Quizplus · Accepted Answer

The Answer of Percentage changes
Selected information from the financial statements of Perfectly Baked Cake Co.appears below:
  (a)Compute the percentage change in each of the above items from 2017 to 2018.Use a + or - to indicate increase or decrease.  (b)Compute net income as a percentage of net sales in each year.(Round to the nearest one-tenth of 1%)

Percentage Changes Selected Information from the Financial Statements of Perfectly Baked Cake