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Net Sales Revenue for 2024 was $100,000 and for 2025 was $85,000. What is the percentage of increase or decrease in Net Sales Revenue for
Net Sales Revenue for 2024 was $100,000 and for 2025 was $85,000. What is the percentage of increase or decrease in Net Sales Revenue for the two periods? OA. an increase of 15% OB. a decrease of 17.65% C. an increase of 17.65% OD. a decrease of 15% Candle Shop, Inc. has net sales on account of $1,200,000. The average net accounts receivable are $640,000. Calculate the days' sales in receivables. (Use 365 days for any calculations. Round any intermediate calculations and your final answer to two decimal places.) OA. 228.73 days B. 194.15 days C. 1.88 days D. 365 days Mandell, Inc. provides the following data: For the year ending December 31, 2025: Net Sales Revenue Cost of Goods Sold Gross Profit $220,000 (140,000) $80,000 Calculate the gross profit percentage for 2025. A. 63.64% B. 36.36% C. 44.44% D. 55.56% (In millions) Net Sales Comparative Income Statement Year Ended December 31, 2025 Cost of Goods Sold Gross Profit Operating Expenses: Selling Expenses Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) Income Before Income Taxes Income Tax Expense Net Income $ 7,600 3,200 4,400 600 400 1,000 * $ 3,400 (400) (400) 3,000 1,000 2,000 Performing a vertical analysis, what is the percentage of Cost of Goods Sold to Net Sales? OA. 57.89% OB. 26.32% OC. 42.11% OD. 39.47%
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