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1. If you wanted to compare cost of goods sold as a percentage of net sales in 2016 compared to cost of goods sold as
1. If you wanted to compare cost of goods sold as a percentage of net sales in 2016 compared to cost of goods sold as a percentage of nets sales in 2015, which analysis would you use 2. What are common size financial statements and when are they useful?
2. What are common size financial statements and when are they useful?
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