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Pls help!! 2 questions i cant figure out 1st question: 2nd question: The following Information is taken from the financial statements of a company for
Pls help!! 2 questions i cant figure out
1st question:
2nd question:
The following Information is taken from the financial statements of a company for the current year Current assets Total assets Cost of good sold Gross Profit Net Income $399,000 894,000 654,000 204,000 124,000 value 5.00 points On a common size Income statement for this year, what is the percentage that would be shown next to the dollar amount of cost of goods sold? 24% 19% 76% o 31%Step by Step Solution
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