In 'Percentage of Sales' method of preparation of Projected Financial Statements, the Operating Expenses should be projected on the basis of
| A. | % of Profit before tax |
| B. | % of Cost of goods Sold |
| C. | % of Gross Profit |
| D. | % of Sales |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
