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8 MC Qu. 13-102 The comparative financial statements of... The comparative financial statements of Seward, Inc. include the following data: Prior Year Income Statement Net

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8 MC Qu. 13-102 The comparative financial statements of... The comparative financial statements of Seward, Inc. include the following data: Prior Year Income Statement Net Sales Revenue point $146,000 63, 000 40,600 5,100 6, 600 30, 700 $116,000 55, 000 33, 600 5, 100 5, 600 8 orzasCost of Goods Sold Operating Expenses Interest Expense Income Tax Expense Net Income Balance Sheet Current Assets plant, Property and Equipment, Net Curzent Liabilities Long-Term Liabilities Stockholders' Equity Total Liabilities & Stockholdezs' Equity 16,700 131,000 111,000 114,000121,000 46,000 51,000 135, 000 232,000 53,000 51,000 141,000 245,000 The gross profit percentage for the current year is closest to: Multiple Choice 40% 4315% 5686% 2100% Type here to search

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