To Follow Is Selected Information About the Little Dipper Company

question 176

Multiple Choice

To follow is selected information about the Little Dipper Company for the current year and prior year. What is the current year's cost of goods sold percentage (as would be found on a vertical analysis of the income statement for the current year) ?

• A)35.83%
• B)64.17%
• C)-2.42%
• D)8)96%

---

Definitions:

Single Intelligence

The theory or belief that intelligence is a single, general ability that can be measured and quantified.

Mental Capacities

The various faculties of the mind, such as understanding, reasoning, thought, memory, and the ability to learn.

David Wechsler

A psychologist best known for developing several widely used intelligence tests, including the Wechsler Adult Intelligence Scale.

Howard Gardner

An American developmental psychologist best known for his theory of multiple intelligences, which proposes that people have different kinds of intelligences, not just a single general intelligence.