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Consider the Vertical Analysis for Moorhouse Inc. For the Cost of Goods Sold line, calculate the 2023 and 2022 percentages. Select the correct answer from

Consider the Vertical Analysis for Moorhouse Inc. For the Cost of Goods Sold line, calculate the 2023 and 2022 percentages. Select the correct answer from the possible answers listed.

68.0% and 65.0%

45.6% and 78.3%

23.9% and 78.2%

None of the listed answers are correct.

Horizontal 8 Vertical Analytis: Moarhoute Int. Income Statement For the Years Ended December 31, 2023 and 2022

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