Taylor Company Reported the Following Information for the Current Year

Taylor Company reported the following information for the current year: What would a vertical analysis report with respect to the relationship between current year net sales revenue and COGS?

A) COGS was 60.00% of net sales revenue
B) A 8.20% decrease from prior to current year
C) An increase of $19,680 from prior to current year
D) An increase of $460,320 from prior to current year

Correct Answer:

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