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Canada Ltd has the following data available. Sales $100 000 20 000 Selling expenses Profit 80 000 Using vertical analysis, express selling expenses as a

Canada Ltd has the following data available. Sales $100 000 20 000 Selling expenses Profit 80 000 Using vertical analysis, express selling expenses as a percentage of the base amount. Select one: a. None of the options b. 20% c. 15% d. 60% e. 50%

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