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Olivera Inc. provides the following data for the year 2015. Assume the cost of goods sold is $350,000. On vertical analysis report, gross profit as
Olivera Inc. provides the following data for the year 2015.
Assume the cost of goods sold is $350,000. On vertical analysis report, gross profit as a percentage of net sales will be
Sales Revenue $625,000
Sales Returns 20,000
Sales Discount 5,000
Net Sales Revenue $600,000
35.9%
56.1%
44.1%
41.67%
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