If Island Coffee's Net Sales Decreased from $90,000 in Year

question 84

Multiple Choice

If Island Coffee's net sales decreased from $90,000 in year 1 to $45,000 in year 2 and its cost of goods sold decreased from $30,000 in year 1 to $20,000 in year 2,the vertical analysis based on sales would show the following for cost of goods sold for the two periods (rounded to nearest tenth of a percent) :

• A)33.3% and 44.4%.
• B)44.4% and 33.3%.
• C)300% and 225%.
• D)225% and 300%.

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Definitions:

Protein Digestion

The breakdown of protein molecules into their constituent amino acids by enzymes, starting in the stomach and continuing in the small intestine.

Stomach

A muscular organ in the gastrointestinal tract of mammals, responsible for digesting food through a mixture of enzymes and acids.

Small Intestine

A part of the digestive system where most of the digestion and absorption of nutrients takes place.

Liver

A vital organ in vertebrates and some other animals that performs a wide range of functions including detoxification, protein synthesis, and the production of biochemicals necessary for digestion.