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Questions 19-25 are all part of the same problem set identified as follows: Following is the income statements for Bryant Fashions, Inc. for 20x4: Net

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Questions 19-25 are all part of the same problem set identified as follows: Following is the income statements for Bryant Fashions, Inc. for 20x4: Net sales $79,029 Cost of goods sold_51,369 Gross profit SE27,660 Operating expense 15.806 Operating income 11,854 Income taxes 3,951 Net income $7.903 In performing a vertical analysis by preparing a common-size income statement for 20x4, the percentage (rounded to the nearest whole percentage) for Net sales would be: Answer: Questions 19-25 are all part of the same problem set identified as follows: Following is the income statements for Bryant Fashions, Inc. for 20x4: Net sales $79,029 Cost of goods sold 51,369 Gross profit 27,660 Operating expense 15,806 Operating income 11,854 Income taxes 3.951 Net income $7.903 In performing a vertical analysis by preparing a common-size income statement for 20x4, the percentage (rounded to the nearest whole percentage) for Cost of good sold would be: Answer: Question 21 p Flag question Questions 19-25 are all part of the same problem set identified as follows: Following is the income statements for Bryant Fashions, Inc. for 20x4: Net sales $79,029 Cost of goods sold_51.369 Gross profit 27,660 Operating expense 15,806 Operating income 11.854 Income taxes 3.951 Net income $7.903 In performing a vertical analysis by preparing a common-size income statement for 20x4, the percentage (rounded to the nearest whole percentage) for Gross profit would be: Answer Points out of 1.00 Question 22 Not yet answered p Flag question Questions 19-25 are all part of the same problem set identified as follows: Following is the income statements for Bryant Fashions, Inc. for 20x4: Net sales $79,029 Cost of goods sold 51,369 Gross profit 27,660 Operating expense 15,806 Operating income 11,854 Income taxes 3.951 Net income $7.903 In performing a vertical analysis by preparing a common-size income statement for 20x4, the percentage (rounded to the nearest whole percentage) for Operating expense would be: Answer: Question 23 Not yet answered P Flag question Points out of 1.00 Flag question Questions 19-25 are all part of the same problem set identified as follows: Following is the income statements for Bryant Fashions, Inc. for 20x4: Net sales $79,029 Cost of goods sold 51,369 Gross profit 27,660 Operating expense 15.806 Operating income 11.854 Income taxes 3.951 Net income $7.903 In performing a vertical analysis by preparing a common-size income statement for 20x4, the percentage (rounded to the nearest whole percentage) for Operating income would be: Answer: M

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