Accountants at XYZ Corp. calculate cost of goods sold, selling and administrativ

Question

Accountants at XYZ Corp. calculate cost of goods sold, selling and administrative expenses, and net income as a percentage of net sales for their company and the two largest competitors. This would allow them to effectively assess

A  : the company’s return on assets relative to its two largest competitors.

B  : how the company generates return on stockholders’ equity.

C  : how the company is performing relative to its two largest competitors.

D  : costs relative to income and sales for their company over time.

Explanation / Answer

This would allow them to effectively assess how the company is performing relative to its two largest competitors. Option C is correct

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