Question & Answer: Use the following selected information from Wheeler, LLC to determine the 2015 and 2014 frond percentages for not sales…..

Moving to another question will save this response Question9 Use the following selected information from Wheeler, LLC to determine the 2015 and 2014 trend percentages for net sales using 2014 as the base 201 Net sales Cost of goods sold Operating expenses Net earnings $276,200 151,900 55,240 27,820 $231,400 129 53,2 36 496 for 2015 and 41.1% for 2014. 119 4% for 2015 and 100 0% for 2014 11 7.2% for 2015 and 100 0% for 2014 65.1% for 2015 and 64.6% for 2014. Moving to another question will save this response.

Use the following selected information from Wheeler, LLC to determine the 2015 and 2014 frond percentages for not sales using 2014 as the base. 36.4% for 2015 and 41.1% for 2014. 119.4% for 2015 and 100.0% for 2014. 117.2% for 2015 and 100.0% for 2014. 65.1% for 2015 and 64.6% for 2014.

Expert Answer

Percentage of sales of 2015 when compared to 2014:

= Sales of 2015/Sales of 2014

= $276,200/$231,400

= 119.4%

Hence, correct option is “119.4% for 2015 and 100.0% for 2014”

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