When vertical analysis is applied to the income statement of a business with net sales of 1,000,000 TL and marketing expenses of 88,000 TL, which of the following is the vertical analysis value of marketing expenses (%)? a) 10.8 B) 50 NS) 9.9 D) 8.8 TO) 30.5

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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When vertical analysis is applied to the income statement of a business with net sales of 1,000,000 TL and marketing expenses of 88,000 TL, which of the following is the vertical analysis value of marketing expenses (%)?
a)
10.8

B)
50

NS)
9.9

D)
8.8

TO)
30.5

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