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How should you compute the number that appears as cost of goods sold in a common-size income statement? A. Cost of goods sold divided by
How should you compute the number that appears as "cost of goods sold" in a common-size income statement?
A. Cost of goods sold divided by net income
B. Cost of goods sold divided by sales
C. Cost of goods sold divided by total equity
D. Sales divided by cost of goods sold
E. Total equity divided by cost of goods sold
D. Net income divided by cost of goods sold
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