Determine the percentage of total assets


Using The Department of Commerce Financial Report , answer the following:

a. Could we determine the percentage of total sales income after income taxes that a particular firm had in relation to the total industry sales? Explain.

b. Could we determine the percentage of total assets that a particular firm had in relation to the total industry? Explain.

If possible, please give examples to better understand your response.

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Managerial Accounting: Determine the percentage of total assets
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