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Ghost % Shadow % (in thousands) Net Sales 100.0% 100.0% 60.8% Cost of Goods Sold 64.6% Gross Profit 35.4% 39.2% Operating Expenses Selling, General and
Ghost % Shadow % (in thousands) Net Sales 100.0% 100.0% 60.8% Cost of Goods Sold 64.6% Gross Profit 35.4% 39.2% Operating Expenses Selling, General and Adm. 15.4% 15.3% 1.4% Other 1.5% 18.7% 22.4% Income Before Income Tax Income Tax Expense 2.7% 3.1% Net Income 16.0% 19.3% Which company has better control of their overall operating expenses? A. Not enough information is given to assess the question. B. Shadow Company O C. Ghost Company O D. Too close to make a solid determination
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