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Please need complete before midnight thank you so much. P12-2 Analyzing Comparative Financial Statements by Using Percentages and Selected Ratios LO12-5, 126,129 The comparative financial
Please need complete before midnight thank you so much.
P12-2 Analyzing Comparative Financial Statements by Using Percentages and Selected Ratios LO12-5, 126,129 The comparative financial statements prepared at December 31, year 2, for Goldfish Company showed the following summarized data: *One-third was credit sales. During Year 2, cash dividends amounting to $6,400 were declared and paid. Required: 1. Present component percentages for Year 2 only. (Input all amounts as positive values. Round the final answers to the nearest whole percent. Percentages may not add exactly due to rounding.) Compute the following for year 2 : 2-a. Percentage markup on sales. (Round percentage answer to 1 decimal place (i.e., 0.124 should be entered as 12.4 ).)Step by Step Solution
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