Question
consider the following income statement data for Sunland inc. 2024 2023 sales revenue $98300 $87800 less: cost of goods sold $46400 $55600 gross profit $51900
consider the following income statement data for Sunland inc.
2024 2023
sales revenue $98300 $87800
less: cost of goods sold $46400 $55600
gross profit $51900 $32200
less: selling and administration cost $ 23592 $18100
net income $ 28308 $14100
the common size percentage for selling and administration cost in 2024 was
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Financial Accounting A User Perspective
Authors: Robert E. Hoskin, Maureen R. Fizzell, Donald C. Cherry
4th Canadian Edition
0470834455, 978-0470834459
