When vertical analysis is applied to the income statement of a business with net sales of 1,000,000 TL and marketing expenses of 88,000 TL, which of the following is the vertical analysis value of marketing expenses (%)? a) 10.8 B) 50 NS) 9.9 D) 8.8 TO) 30.5
When vertical analysis is applied to the income statement of a business with net sales of 1,000,000 TL and marketing expenses of 88,000 TL, which of the following is the vertical analysis value of marketing expenses (%)? a) 10.8 B) 50 NS) 9.9 D) 8.8 TO) 30.5
Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter14: Financial Statement Analysis
Section: Chapter Questions
Problem 14.2BE: Vertical analysis Income statement information for Einsworth Corporation follows: Sales 1,200,000...
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When vertical analysis is applied to the income statement of a business with net sales of 1,000,000 TL and marketing expenses of 88,000 TL, which of the following is the vertical analysis value of marketing expenses (%)?
a)
10.8
B)
50
NS)
9.9
D)
8.8
TO)
30.5
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