Business, 02.01.2020 21:31 s900005

Use the following selected information from farris, llc to determine the year 2 and year 1 trend percents for net sales using year 1 as the base.

year 2 year 1
net sales $276,200 $231,400
cost of goods sold $151,900 $129,590
operating expenses $55,240 $53,240
net earnings $27,820 $19,820

options

a. 36.4% for year 2 and 41.1% for year 1.
b. 55.0% for year 2 and 56.0% for year 1.
c. 119.4% for year 2 and 100.0% for year 1.
d. 117.2% for year 2 and 100.0% for year 1.
e. 65.1% for year 2 and 64.6% for year 1.

Answers: 2

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Use the following selected information from farris, llc to determine the year 2 and year 1 trend per...

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