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2. Income statement information for Sunny Corporation follows: Sales $1,835,000 Cost of Merchandise Sold 885,000 Gross Profit 950,000 Prepare a vertical analysis of the
2. Income statement information for Sunny Corporation follows: Sales $1,835,000 Cost of Merchandise Sold 885,000 Gross Profit 950,000 Prepare a vertical analysis of the income statement for Sunny. Round to whole number percentages.
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