Question
Zebra Company reports the following figures for the years ending December 31, 2019 and 2018: 2019 2018 Net Sales $64,000 $48,000 Cost of Goods Sold
Zebra Company reports the following figures for the years ending December 31, 2019 and 2018:
| 2019 | 2018 | |
| Net Sales | $64,000 | $48,000 |
| Cost of Goods Sold | $41,000 | $33,000 |
| Gross Profit | $23,000 | $15,000 |
What are the percentage changes from 2018 to 2019 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%)
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Financial Accounting An Introduction to Concepts, Methods and Uses
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
14th edition
978-1111823450, 1-133-36617-1 , 1111823456, 978-1-133-3661, 978-1133591023
