When vertical analysis is applied to the income statement of a business with net sales of 1,000,000 TL and marketing expenses of 88,000 TL, which of the following is the vertical analysis value of marketing expenses (%)? a) 10.8 B) 50 NS) 9.9 D) 8.8 TO) 30.5

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter4: Accounting For Retail Operations
Section: Chapter Questions
Problem 4.2MBA: Sales transactions Using transactions listed in P4-2, indicate the effects of each transaction on...
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When vertical analysis is applied to the income statement of a business with net sales of 1,000,000 TL and marketing expenses of 88,000 TL, which of the following is the vertical analysis value of marketing expenses (%)?
a)
10.8

B)
50

NS)
9.9

D)
8.8

TO)
30.5

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