Solution-Find what percentage is assigned to cost of goods

Find what percentage is assigned to cost of goods sold

Assignment Help Cost Accounting

Reference no: EM132739113

Saira, Inc. has the following income statement (in millions):

SAIRA, INC.

Income Statement

For the Year Ended December 31, 2014

Net Sales $00

Cost of Goods Sold $80

Gross Profit 120

Operating Expenses 45

Net Income $75

Problem 1: Using vertical analysis, what percentage is assigned to Cost of Goods Sold

Reference no: EM132739113

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Find what percentage is assigned to cost of goods sold

Reference no: EM132739113

Reference no: EM132739113

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