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If Rick's Sales Increased from $40,000 to $80,000 and Its

Question 73

Multiple Choice

If Rick's sales increased from $40,000 to $80,000 and its cost of goods sold increased from $30,000 to $50,000,then vertical analysis based on sales would show the following for cost of goods sold for the two periods:


A) 75% and 62.5%.
B) 62.5% and 75%
C) 133.33% and 160%
D) 160% and 133.33%.

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