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Zebra Company reports the following figures for the years ending December 31, 2023 and 2022: 2023 2022 Net Sales $61,000 $40,000 Cost of Goods Sold 43,000 36,000 Gross Profit $18,000 $4,000 What are the percentage changes from 2022 to 2023 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%) OA. 52.5%, 19.4%, 350% OB. 100%, 350%, 19.4% O c. 350%, 52.5%, 19.4% O D. 100%, 0.8%, 0.2%

Zebra Company reports the following figures for the years ending December 31, 2023 and 2022: 2023 2022 Net Sales $61,000 $40,000 Cost of Goods Sold 43,000 36,000 Gross Profit $18,000 $4,000 What are the percentage changes from 2022 to 2023 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%) OA. 52.5%, 19.4%, 350% OB. 100%, 350%, 19.4% O c. 350%, 52.5%, 19.4% O D. 100%, 0.8%, 0.2%

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Zebra Company reports the following figures for the years ending December 31, 2023 and 2022: 2023 2022 $40,000 $61,000 43,000 36,000 $18,000 $4,000 What are the percentage changes from 2022 to 2023 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%) Net Sales Cost of Goods Sold Gross Profit A. 52.5%, 19.4%, 350% B. 100%, 350%, 19.4% C. 350%, 52.5%, 19.4% D. 100%, 0.8%, 0.2%
Transcribed Image Text:Zebra Company reports the following figures for the years ending December 31, 2023 and 2022: 2023 2022 $40,000 $61,000 43,000 36,000 $18,000 $4,000 What are the percentage changes from 2022 to 2023 for Net Sales, Cost of Goods Sold and Gross Profit, respectively? (Round your final answers to one decimal place, X.X%) Net Sales Cost of Goods Sold Gross Profit A. 52.5%, 19.4%, 350% B. 100%, 350%, 19.4% C. 350%, 52.5%, 19.4% D. 100%, 0.8%, 0.2%
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