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Questions 19-25 are all part of the same problem set identified as follows: Following is the income statements for Bryant Fashions, Inc. for 2014: Net
Questions 19-25 are all part of the same problem set identified as follows: Following is the income statements for Bryant Fashions, Inc. for 2014: Net sales 579,029 Cost of goods sold 51.369 Gross profit 27,660 Operating expense 15.806 Operating income 11.854 Income taxes 3.951 Net Income 57.903 In performing a vertical analysis by preparing a common-size income statement for 20x4, the percentage rounded to the nearest whole percentage for Income taxes would be Answer: Question 25 Not yet answered Points out of 100 Flag question Questions 19-25 are all part of the same problem set identified as follows: Following is the income statements for Bryant Fashions, Inc. for 2004: Net sales $79,029 Cost of goods sold 51.369 Gross profit 27,660 Operating expense 15.806 Operating income 11.854 Income taxes 3.951 Net Income 57.903 In performing a vertical analysis by preparing a common-size income statement for 20x4, the percentage frounded to the nearest whole percentage) for Net Income would be
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