Business, 14.03.2020 02:56 luccim

Use the following selected information from Whitman Corp. to determine the Year 1 and Year 2 common size percentages for cost of goods sold using Net sales as the base.

Year 2 Year 1

Net sales $ 276,200 $ 231,400
Cost of goods sold 151,900 129,590
Operating expenses 55,240 53,240
Net earnings 27,820 19,820

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Use the following selected information from Whitman Corp. to determine the Year 1 and Year 2 common...