View Full Version : Cogs is 4,990,600 sales is 7, 350,000 what is common size percentage
RhondaK
Oct 2, 2012, 05:01 PM
If your cost of goods sold is 4990600 and your sales is 7,350,00 what is my common size percentage?
paraclete
Oct 2, 2012, 08:06 PM
What is a common size percentage and how is it related to accounting? The meaningfull percentage you will derive from these numbers is Gross Margin ie; Sales/COGS *100
Some reading of a suitable text may help you understand
http://www.cliffsnotes.com/study_guide/CommonSize-Analysis.topicArticleId-21248,articleId-21212.html