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In 'Percentage of Sales' method of preparation of Projected Financial Statements, the Operating Expenses should be projected on the basis of:

<p><strong>(a) % of Profit before tax, </strong></p> <p><strong>(b) % of Cost of goods Sold,</strong></p> <p><strong> (c) % of Gross Profit,</strong></p> <p><strong> (d) % of Sales.</strong></p> <p> </p>

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/09/27
Sara Khan
by Sara Khan , financial and admin assistant , Ministry Of Defence

D

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

D- percentage of sales

Ahmed Abd Alwahab Awad Ibrahim
by Ahmed Abd Alwahab Awad Ibrahim , Chief Accounting , ICCDP

(d) % of Sales.

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

answer is d 

Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Option D

Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

D

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

I agree with the answer d

Anayatullah Tahir
by Anayatullah Tahir , Accounting Consultant , Various

Option D. Sales

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