Answer)
My answer is option D.
Net income before income tax as a percentage of net sales Revenue:
$77112/$370200×100=20.83%
Income tax as a percentage of net sales revenue:
$8344/$370200×100=2.25%
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Toulou ACC141 OM2 Managerial Accounting Homework: Assign 3 - chap 14 - vertical & common size Score: 0 of 1 pt 10 of 15 (8 complete) 14.2-18a Jill Corporation prepared a vertical analysis of its income statement and the following excerpt is available: Sales $1,500,000 Cost of Goods Sold $689,400 Gross Profit $810.600 What is the cost of Goods Sold percentage as found on a vertical analysis income statement? O A. 45.00% OB. 2.18% O c. 100% OD. 54.04% Click...
ht Solved: Classif. ACCOUNTING... Accounting, Ch... Do Homework. Syllabus Docu. Mal - Christian ACC141 OM2 Managerial Accounting Homework: Assign 3 - chap 14 - vertical & common Score: 0 of 1 pt 1 of 15 (0 com S14-4 (book/static) Compare Martinez and Rojo by converting their income statements to common size. Martinez Net sales Cost of goods sold Rojo 19,536 $ 10,900 $ 6,660 3,564 Other expense 14.203 4,356 Net income 676 $ 977 Which company cams more net income?...
Sylabus och Do Homework Accounting, CA ACCOUNTING Solved Cat hesame SI NFL Week 1 Youtube to M. one Google ACC141 OM2 Managerial Accounting Christian Emmanuel Homework: Assign 3 - chap 14 - vertical & common size Score: 0 of 1 pt 1 of 15 (0 completely S14-4 (book/static) Compare Martinez and Rojo by converting their income statements to common size. Martinez Rojo Net sales $ 10,900 $ 19,536 Cost of goods sold 6,660 14.203 Other expense 3,564 4,356 Not Income...
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