The following chart shows some figures from an income statement. Prepare a vertical analysis by expressing each item as a percent of net sales. Round percents to the nearest tenth of a percent.
A. 40.7%, 8.2%, 5.0%, 4.7%
B. 40.7%, 8.3%, 12.2%, 11.6%
C. 40.7%, 8.2%, 60.6%, 4.7%
D. 40.7%, 20.2%, 12.2%, 11.6%
Answer: A
Mathematics
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