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Assume that revenue us $90 million, cost of goods sold is $30 million, total assets are $40 million and inventories are $60 million. On the

Assume that revenue us $90 million, cost of goods sold is $30 million, total assets are $40 million and inventories are $60 million. On the common size statements, cost of goods sold would have an approximate value of ___and inventories would have an approximate value of _____. A) 67%; 8% B) 15%; 33% c) 8%; 67% D)33%; 15%

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