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Which is correct? Year 1 | Year 2 Sales 100%|100% Cost of Goods Sold 45%|45% Wage Expense 30%|21% Rent Expense 4%|20% Advertising Expense 10%|10% Net Income 11%|4%

Which is correct? Year 1 | Year 2 Sales 100%|100% Cost of Goods Sold 45%|45% Wage Expense 30%|21% Rent Expense 4%|20% Advertising Expense 10%|10% Net Income 11%|4%
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1 vote
Which is correct?

Year 1 | Year 2
Sales 100%|100%
Cost of Goods Sold 45%|45%
Wage Expense 30%|21%
Rent Expense 4%|20%
Advertising Expense 10%|10%
Net Income 11%|4%

Which is correct? Year 1 | Year 2 Sales 100%|100% Cost of Goods Sold 45%|45% Wage-example-1
User Jerome Serrano
by
8.5k points

1 Answer

3 votes
In year 2 cost of goods sold is a problem

In year 2 rent expense is a problem

Hope this helps have an excellent day!
User Varun Sharma
by
7.6k points
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