if-net-sales-are-100000-and-cost-of-goods-sold-is-60000-what-is-the-percentage-o

Question

If net sales are $100,000 and cost of goods sold is $60,000, what is the percentage of cost of goods sold in vertical analysis?

Accepted Answer

60%

Answer

100%

Answer

6%

Answer

40%

If net sales are \$100,000 and cost of goods sold is \$60,000, what is the percentage of cost of goods sold in vertical analysis?