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Use the Following Selected Information from Whitman Corp

question 228

Multiple Choice

Use the following selected information from Whitman Corp.
Use the following selected information from Whitman Corp.   -To determine the Year 1 and Year 2 common size percentages for operating expenses using Net sales as the base.  A) 36.4% for Year 2 and 41.1% for Year 1. B) 55.0% for Year 2 and 56.0% for Year 1. C) 23.9% for Year 2 and 23.0% for Year 1. D) 103.8% for Year 2 and 100.0% for Year 1. E) 20.0% for Year 2 and 23.0% for Year 1.
-To determine the Year 1 and Year 2 common size percentages for operating expenses using Net sales as the base.


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