The Bristol Corporation Data for the Current Year and Prior

question 163

Multiple Choice

The Bristol Corporation data for the current year and prior year is as follows: With respect to net sales revenue, what would a horizontal analysis report?

• A)There was an increase of 20.00% in net sales revenue.
• B)There is a sales return of $5.00.
• C)The cost of goods sold is 77.37 % of net sales revenue.
• D)There is an accounts receivable turnover of 10.40 times.