The Following Information Is Provided from Ace Electronics' Annual Report $\bold{2011}$

question 57

Multiple Choice

The following information is provided from Ace Electronics' annual report for the years ended December 31:

-Refer to the Ace Electronics annual report above.Using horizontal analysis with 2010 as the base year, $\bold{2011}$ Gross profit would be represented as ________.

• A)116%
• B)86%
• C)14%
• D)17%

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Business Leaders

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