If Rick's Sales Increased from $40,000 to $80,000 and Its

question 5

Multiple Choice

If Rick's sales increased from $40,000 to $80,000 and its cost of goods sold increased from $25,000 to $60,000,then vertical analysis based on sales would show the following for cost of goods sold for the two periods:

• A)75% and 62.5%.
• B)62.5% and 75%
• C)133.33% and 160%
• D)160% and 133.33%.

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Definitions:

Constants

Fixed values that do not change in mathematical equations or experiments, ensuring consistency in calculations and outcomes.

Indifference Curves

Graphical representations of various combinations of goods or services between which a consumer is indifferent, showing levels of utility.

Bundle

A collection of goods or services that are sold together as a single package.

Constants

Fixed values in mathematical equations or experiments that do not change.