Use the following information for the question below: Accounts receivable $7,500 Total current assets 75,000 Total...
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Use the following information for the question below: Accounts receivable $7,500 Total current assets 75,000 Total assets 750,000 Sales 1,900,000 Cost of goods sold 700,000 Net income 150,000 In performing a vertical analysis, the percentage for cost of goods sold is O 63.2%. 36.8%. 93.3%. O 7.1%. Use the following information for the question below: Accounts receivable $7,500 Total current assets 75,000 Total assets 750,000 Sales 1,900,000 Cost of goods sold 700,000 Net income 150,000 In performing a vertical analysis, the percentage for cost of goods sold is O 63.2%. 36.8%. 93.3%. O 7.1%.
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