Discussion Forum : Analysis Of Financial Statements
Question -
Apply common size analysis to ABC Company's selling expenses given the following information: Selling expenses = Rs 60,000; Total revenues = Rs 2,50,000; Total assets = Rs 4,25,000; Total liabilities = Rs 3,00,000.
Answer: Option C
:
C
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:
C
Selling Expenses = (60,000 / 2,50,000) * 100 = 24% of Total Revenue
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