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    RhondaK's Avatar
    RhondaK Posts: 1, Reputation: 1
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    #1

    Oct 2, 2012, 05:01 PM
    Cogs is 4,990,600 sales is 7, 350,000 what is common size percentage
    If your cost of goods sold is 4990600 and your sales is 7,350,00 what is my common size percentage?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    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_gui...eId-21212.html
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