Why do firms like to calculate a percentage column on the income statement (in which each line

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Why do firms like to calculate a percentage column on the income statement (in which each line item is expressed as a percentage of sales)?

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Cornerstones of Managerial Accounting

ISBN: 978-0324660135

3rd Edition

Authors: Mowen, Hansen, Heitger

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Question Posted: Feb 03, 2012 06:26 AM

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Why do firms like to calculate a percentage column on the income statement (in which each line

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Cornerstones of Managerial Accounting

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