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In: Accounting

1. If net revenues are 100,000 and advertising expenses are 20,000 what percentage would you get...

1. If net revenues are 100,000 and advertising expenses are 20,000 what percentage would you get for advertising if you were doing a vertical analysis?

2. If prior year cash was 100,000 and current year cash is 150,000 what would be the horizontal analysis calculation?

3. In the world of merchandising what is the equation to calculate cost of goods sold?

4. What makes up net purchases? 5. In manufacturing what are the differences in calculating cost of goods sold compared to merchandising?

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Expert Solution

ekkarill92 answered 1 year ago
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