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4 pters 14. 15. 16. 17 8 Saved Help Save & Exit Use the following selected Information from Whitman Corp. to determine the Year 1

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pters 14. 15. 16. 17 8 Saved Help Save & Exit Use the following selected Information from Whitman Corp. to determine the Year 1 and Year 2 common size percentages for cost of goods sold using Net sales as the base. Year 2 Year 1 Net sales $ 555,080 $449,600 Cost of goods sold 228, 400 136, 220 Operating expenses 83 , 290 80, 270 Net earnings 42, 180 29, 850 Multiple Choice 7.6%% for Year 2 and 6.7% for Year 1. O 41.156 for Year 2 and 50.5%% for Year 1. 123.6%% for Year 2 and 100.0* for Year 56.2% for Year 2 and 48.2 : for Year . 178.the for Year 2 and 207.4 : for Year

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