Answered: I need to find which year had the…

I need to find which year had the better performance . if : this years information : returns 8% with net sales of 756,000 last years information: returns 11.5% with gross sales of 875,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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I need to find which year had the better performance .

if :

this years information : returns 8% with net sales of 756,000

last years information: returns 11.5% with gross sales of 875,000

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