All else constant, what would Digby's SG&A/Sales ratio be if the company had spent an additional $1,500,000

Question:

All else constant, what would Digby's SG&A/Sales ratio be if the company had spent an additional $1,500,000 for Daze's promotional budget and $750,000 for Daze's sales budget? Select:
11.4% 8.2% 10.8% 9.5%
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

Question Posted: