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Question 23 of 28 - 14 E View Policies Current Attempt in Progress Sunland, Inc. has the following income statement (in millions): Sunland, Inc. Income
Question 23 of 28 - 14 E View Policies Current Attempt in Progress Sunland, Inc. has the following income statement (in millions): Sunland, Inc. Income Statement For the Year Ended December 31, 2019 Net Sales $320 Cost of Goods Sold 170 Gross Profit 150 Operating Expenses 70 Net Income $80 Using vertical analysis what percentage is assigned to Net Income? O 457% 47% o 25% None of these answer choices are correct
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