If Caras pianos sales increased from $40000 to $60000 and its cost of goods sold...
50.1K
Verified Solution
Link Copied!
Question
Accounting
If Caras pianos sales increased from $40000 to $60000 and its cost of goods sold increased from $20000 to $40000, then vertical analysis based on sales would show which of bthe following for cost of goods sold
A. 40% and%20
B. 10% and %30
C. 50% and 67%
D. 67% and %40
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!