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Use the following selected informati Net sales. Cost of goods sold Operating expenses Net earnings Multiple Choice om Whitman Corp to determine the Year

 

Use the following selected informati Net sales. Cost of goods sold Operating expenses Net earnings Multiple Choice om Whitman Corp to determine the Year 1 and Year 2 common size percentages for cost of goods sold using Net sales as the bar Year 2 Year 1 $276,200 $231,400 151,900 129,590 55,240 27,820 36.4% for year 2 and 41.7% for year 11 55.0% for year 2 and 56.0% for year 1 53,240 19,820 119.4% for year 2 and 100.0% for year 1 117.2% for year 2 and 100.0% for year 1 65.1% for year 2 and 56.0% for year 1.

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