If Caras pianos sales increased from $40000 to $60000 and its cost of goods sold...

50.1K

Verified Solution

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!
Become a Member

Other questions asked by students