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Assume that revenue is $80 million, SGA is $20 million, total assets are $500 million and account payable is $50 million. On the common-size statements,
Assume that revenue is $80 million, SGA is $20 million, total assets are $500 million and account payable is $50 million. On the common-size statements, SGA would have an approximate value of ___ and accounts payable would have an approximate value of ___.
A. 25%; 10% B. 4%; 63% C. 10%; 25% D. 63%; 4%
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