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Sales revenue for the current year = $65017 and cost of sales = $42553 Perform vertical analysis and calculate commonsize percentage for cost of sales.

Sales revenue for the current year = $65017 and cost of sales = $42553 Perform vertical analysis and calculate commonsize percentage for cost of sales. 55.4 60.04 65.04 65.4 Trend analyses focus on important relationships between items on the same financial statement True O False

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