7.

Boston Company provided the following selected income statement numbers for its first 2 years of operation. You are preparing a vertical analysis of London Companys results.

	Year 1	Year 2
Sales	531,425	631,058
Cost of Goods Sold	301,689	371,150
S&A	89,714	86,952

What percent do you report for Year 2 Cost of Goods Sold?

Enter your answer as a percent (without the %), not as a decimal fraction. Show 4 decimal places.