Prepare a vertical analysis. Round percents to the nearest tenth of a percent. Rosie's Cleaning Service had a cost of goods sold of $45,000, operating expenses of $209,000, and net sales of $496,000.

;		Percent cost of goods sold = 51.2% Percent operating expenses = 9.1%
		Percent cost of goods sold = 9.1% Percent operating expenses = 51.2%
		Percent cost of goods sold = 42.1% Percent operating expenses = 9.1%
		Percent cost of goods sold = 9.1% Percent operating expenses = 42.1%

< >Prepare a vertical analysis. Round percents to the nearest tenth of a percent. Wandell's Garden Shop had a cost of goods sold of $108,000, operating expenses of $43,000, and net sales of $184,000.

		Percent cost of goods sold = 58.7% Percent operating expenses = 35.3%
		Percent cost of goods sold = 35.3% Percent operating expenses = 58.7%
		Percent cost of goods sold = 58.7% Percent operating expenses = 23.4%
		Percent cost of goods sold = 23.4% Percent operating expenses = 58.7%

Find the annual amount of depreciation using the units-of-production method. Round to the nearest dollar. Depreciation per unit: $0.06 Units of production: 175,000

;		$10,500
		$1050
		$29,167
		$291,667

Find the first year's depreciation, using the double-declining-balance method. Round to the nearest dollar. Cost: $4400 Est. life: 5 years Est. scrap: $900

;		$880
		$700
		$1760
		$1400

Find (a) the gross profit, (b) the net income before taxes, and (c) the net income after taxes. MidState Machinery has a cost of goods sold of $105,000 operating expenses of $47,000 taxes of $10,500 and net sales of $237,000.

;		(a) $58,000 (b) $132,000 (c)$121,500
		(a) $58,000 (b) $85,000 (c)$74,500
		(a) $132,000 (b) $85,000 (c)$74,500
		(a) $190,000 (b) $85,000 (c)$74,500

Find the book value after the given number of years, using the straight-line method. Round your answer to the nearest dollar. Find the book value at the end of 7 years. Cost: $2920 Estimated life: 10 years Estimated scrap value: $146

;		$978
		$2643
		$876
		$1942

Solve the problem. A printing press cost $11,000 and has an estimated life of 9 years and a scrap value of $550. Find the total depreciation at the end of 7 years using the straight-line method. Round to nearest dollar.

;		$9839
		$2444
		$2872
		$8128

Find the annual double-declining-balance (200% method) rate of depreciation. 5 years

;		10%
		50%
		20%
		40%

Find the annual straight-line rate of depreciation for the estimated life. 7 years

;		1.4%
		7%
		14.3%
		7.1%