question archive Question A company reports the following comparative income statements: 2009 2008 Net Sales $736,000 $ 840,000 Cost of goods sold 518,800 571,200 Gross profit 217,120 268,800 Operating expenses 104,800 130,000 Net Incoome 112,300 138,800 What are the costs of goods sold in common-size percents for 2008 and 2009 respectively?
Question A company reports the following comparative income statements: 2009 2008 Net Sales $736,000 $ 840,000 Cost of goods sold 518,800 571,200 Gross profit 217,120 268,800 Operating expenses 104,800 130,000 Net Incoome 112,300 138,800 What are the costs of goods sold in common-size percents for 2008 and 2009 respectively?
Subject:AccountingPrice: Bought3
Question
A company reports the following comparative income statements:
2009 2008
Net Sales $736,000 $ 840,000
Cost of goods sold 518,800 571,200
Gross profit 217,120 268,800
Operating expenses 104,800 130,000
Net Incoome 112,300 138,800
What are the costs of goods sold in common-size percents for 2008 and 2009 respectively?
