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Davis Ltd . has total assets of $ 5 , 0 0 0 , 0 0 0 , total sales of $ 1 2 ,

Davis Ltd. has total assets of $5,000,000, total sales of $12,000,000, accounts receivable of $550,000, and cost of goods sold of $7,500,000. Calculate the common-size value for cost of goods sold .62.50%11.00%64.00%15.00%

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