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The Following Information Is Provided from Ace Electronics' Annual Report 2011\bold{2011}

Question 105

Multiple Choice

The following information is provided from Ace Electronics' annual report for the years ended December 31:
The following information is provided from Ace Electronics' annual report for the years ended December 31: -Refer to the Ace Electronics annual report above.Using horizontal analysis with 2010 as the base year, \bold{2011} Cost of goods sold would be represented as ________. A) 105% B) 38% C) 6% D) 5%
-Refer to the Ace Electronics annual report above.Using horizontal analysis with 2010 as the base year, 2011\bold{2011} Cost of goods sold would be represented as ________.


A) 105%
B) 38%
C) 6%
D) 5%

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