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If Rick's Sales Increased from $49,000 to $81,000 and Its

Question 123

Multiple Choice

If Rick's sales increased from $49,000 to $81,000 and its cost of goods sold increased from $25,000 to $66,000, then vertical analysis based on sales would show the following for cost of goods sold for the two periods:


A) 81.48% and 51.02%.
B) 51.02% and 81.48%.
C) 122.73% and 196.00%.
D) 196.00% and 122.73%.

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