The Following Chart Shows Some Figures from an Income Statement

question 26

Multiple Choice

The following chart shows some figures from an income statement. Prepare a vertical analysis by expressing each item as a percent of net sales. Round percents to the nearest tenth of a percent.
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• A)32.0%, 9.0%, 52.6%, 3.8%
• B)32.0%, 9.1%, 14.8%, 11.9%
• C)32.0%, 28.1%, 14.8%, 11.9%
• D)32.0%, 9.0%, 4.7%, 3.8%

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