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Example Exercise 17-2 Income statement information for Axiom Corporation follows: SHOW ME HOW Sales Cost of goods sold Gross profit $725,000 91,500 333,500 Prepare a

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Example Exercise 17-2 Income statement information for Axiom Corporation follows: SHOW ME HOW Sales Cost of goods sold Gross profit $725,000 91,500 333,500 Prepare a vertical analysis of the income statement for Axiom Corporation

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