When vertical analysis is applied to the income statement of a business with net sales of TL 1,000,000 and non-operating expenses of TL 13,000, which of the following is the vertical analysis value of non-operating expenses (%)?    a) 4.5  B) 2,5  NS) 5.5  D) 1.3  TO) 3.3

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 TL 1,000,000 and non-operating expenses of TL 13,000, which of the following is the vertical analysis value of non-operating expenses (%)?

 
 a)

4.5

 B)

2,5

 NS)

5.5

 D)

1.3

 TO)

3.3

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