Common Size Income Statement Preparation
Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!
Operating Expenses
Costs not directly tied to the production of goods
Cost of Goods Sold
Direct costs of producing goods sold by a company
Common Size Income Statement
Financial statement that expresses each line item as a percentage of net sales
Loss on the Sale of Land
Negative financial impact from selling land below its book value
Net Sales
Total sales revenue after returns and allowances
