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COTB MC Qu. 16-41 (Algo) Assume... Assume an organization provided the following excerpts from its balance sheet and income statement as shown below: In a

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COTB MC Qu. 16-41 (Algo) Assume... Assume an organization provided the following excerpts from its balance sheet and income statement as shown below: In a common-size income statement, the percentage that would accompany selling and administrative expenses would be closest to: Multiple Choice 62.5% 251.5%. 25.0%. 40.0%

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