To Follow Is Selected Information About the Blaz Company for the Current

question 134

Multiple Choice

To follow is selected information about The Blaz Company for the current year and prior year. $$\begin{array} { | l | l | l | } \hline \text { Account } & \text { Current } & \text { Priar } \\\hline \text { Net sales revenue } & \$ 648,000 & \$ 595,000 \\\hline \text { Cost of goods sold } & \$ 401,760 & \$ 425,000 \\\hline \text { Gross profit } & \$ 246,240 & \$ 170,000 \\\hline \text { Selling/general expenses } & \$ 136,080 & \$ 93,500 \\\hline \text { Net income before tax } & \$ 110,160 & \$ 76,500 \\\hline \text { Income tax } & \$ 32,400 & \$ 22,800 \\\hline \text { Net income } & \$ 77,760 & \$ 53,700 \\\hline\end{array}$$
- What is the current year's selling and general expenses percentage (as would be found on a vertical analysis of the income statement for the current year) ?

• A)22.87%
• B)14.43%
• C)21.00%
• D)145.54%

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Definitions:

Therapeutic Window

The range of drug dosages which can treat disease effectively while staying within the safety margin, minimizing the risk of side effects.

Therapeutic Alliance

The bond of confidence and mutual understanding established between therapist and client, which allows them to work together to solve the client’s problems.

Psychotherapy

A therapeutic treatment involving psychological techniques, used to help a person overcome psychological difficulties and disorders.

Insight

The capacity to gain an accurate and deep intuitive understanding of a person or thing.