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Rainy Corp has total assets of $177 mil, revenues of $59 mil, Inventories of $8 mil, and Cost of Goods Sold of $36 mil. On
Rainy Corp has total assets of $177 mil, revenues of $59 mil, Inventories of $8 mil, and Cost of Goods Sold of $36 mil. On Rainy's common size income statement what percentage would Cost of Goods Sold be?
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