Shelcal Inc provides the following data for the year 2015. Sales


Question Description:

24.99

Shelcal Inc provides the following data for the year 2015. Sales Revenue $400,000 Sales Returns and Allowances 1,200 Sales Discounts 800 Net Sales Revenue $398,000 Cost of Goods Sold $255,000 On vertical analysis report, the cost of goods sold as a percentage of net sales revenue will amount to ________

Answer

24.99