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8 Shelcal, Inc. provides the following data for the year 2017: The cost of goods sold as a percentage of net sales revenue is (Round

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8 Shelcal, Inc. provides the following data for the year 2017: The cost of goods sold as a percentage of net sales revenue is (Round your answer to two decimal places.) Sales Revenue Sales Returns and Allowances Sales Discounts Net Sales Revenue Cost of Goods Sold $420.000 1.4001 850 417.750 260.000 Minimized View 62.45% 0 62.58% 61.90% I 62.24%

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