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Delmont Movers has a profit margin of 71 percent and net income of $63,700. What is the common-size percentage for the cost of goods sold

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Delmont Movers has a profit margin of 71 percent and net income of $63,700. What is the common-size percentage for the cost of goods sold if that expense amounted to $522,600 for the year? O 23.50 percent 61.06 percent O 58.25 percent 53.25 percent 12.19 percent

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