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Selected data from the financial statements of KRJ Manufacturing are presented below. On the company's common-sized income statement, what would be the amount i.e., percentage)
Selected data from the financial statements of KRJ Manufacturing are presented below. On the company's common-sized income statement, what would be the amount i.e., percentage) shown for cost of goods sold? Presenting your answer in percentage terms, rounded to one decimal place. e.g. 20.0%. Sales $126,614 Cost of goods sold $63,882 Salaries expense $13,470 Tax expense $7,849 Net income $12,726 Total liabilities $20,526 Total assets $59,158 Cash flow from operations $27,678
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