Complete the following vertical analyses of Dragonfly Corporation's income statement. What line item is the largest percent

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Complete the following vertical analyses of Dragonfly Corporation's income statement. What line item is the largest percent of sales in 2019? How has it changed from 2018 to 2019?

As of percent of sa les (in millions) 2019 2018 2019 2018 $ 61,890 $ 63,762 Sales Cost of Goods Sod 33,092 30.096 Gross

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Intermediate Accounting

ISBN: 978-0134730370

2nd edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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