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Q42: Delmont Movers has a profit margin of 7.1 percent and net income of $63,700. What is the common-size percentage for the cost of goods
Q42: Delmont Movers has a profit margin of 7.1 percent and net income of $63,700. What is the common-size percentage for the cost of goods sold if that expense amounted to $522,600 for the year? A. 12.19 percent B. 23.50 percent C. 53.25 percent D. 61.06 percent E. 58.25 percent
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