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Income statement information for Sadie Company is below: Sales $175,000 Cost of goods sold 115,000 Gross profit $60,000 Using vertical analysis of the income statement

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Income statement information for Sadie Company is below: Sales $175,000 Cost of goods sold 115,000 Gross profit $60,000 Using vertical analysis of the income statement for Sadie Company, determine the gross profit margin. Oa. 29% Ob. 66% Oc. 34% Od. 100%

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