Question: Below are extracts from Ginger Yum (Pty) Ltd, a local company which supplies freshly baked goods to supermarkets in the Western Cape. You are required

Below are extracts from Ginger Yum (Pty) Ltd, a local company which supplies freshly baked goods to supermarkets in the Western Cape. You are required to perform a vertical analysis for the 2020 financial year. In the common-size income statement for 2020 , what percentage would be shown next to: Gross profit Note: set your calculator or Excel to display four decimals. Then round your final answer to two decimals and use a comma. For example: 5.6083%, should type 5,61 . Do not type the % sign
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