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Alpha Co. has cost of good sold of $61.2 million, net income of $9.6 million, sales of $120 million, and total assets of 150 million.

Alpha Co. has cost of good sold of $61.2 million, net income of $9.6 million, sales of $120 million, and total assets of 150 million. A common-size statement will show cost of goods sold ________ percent and a net profit _______ profit.

Please show how to calculate. Thank you.

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