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How do you solve for common size percentage with these numbers? Net sales Cost of goods sold Gross profit Selling and administrative expenses Depreciation Operating
How do you solve for common size percentage with these numbers?
Net sales Cost of goods sold Gross profit Selling and administrative expenses Depreciation Operating profit Income taxes Net income 2021 $199,000 87,000 112,000 45,000 25,000 42,000 333.500 $205,000 93,275 111.725 53,997 27.060 30, 7,175 323.493
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