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D Question 42 Use the following selected information from Farris, LLC to determine the Year 2 and Year 1 common size percents for cost of
D Question 42 Use the following selected information from Farris, LLC to determine the Year 2 and Year 1 common size percents for cost of goods sold using Year 1 net sales as the base. Net sales Cost of goods sold Operating expenses Net earnings O36.4% for Year 2 and 41.1% for Year 1. O 55.0% for Year 2 and 56.0% for Year 1. O 119.4% for Year 2 and 100.0% for Year 1. O 117.2% for Year 2 and 100.0% for Year 1. O 65.1% for Year 2 and 64.6% for Year 1. Year 2 $276,200 Year 1 $231,400 151,900 129.590 55.240 53.240 27.820 19.820 1.5 pts
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