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Show the ratios of cost of goods sold to total expenses (see formulas below) for both companies for their two most recent fiscal years. COGS

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Show the ratios of cost of goods sold to total expenses (see formulas below) for both companies for their two most recent fiscal years.

COGS + Operating Expenses = Total Expenses

COGS/Total Expenses

Record answers as percentages, rounded to one decimal place.

CONSOLIDATED STATEMENTS OF OPERATIONS (In Thousands, Except Per Share Amounts) 2016 2015 2014 $3,049,393 $2,722,564 $2,464,867 NET SALES COST OF SALES 1,107,393 090,263 1,125,057 GROSS PROFIT 1,942,000 1,632,30 1,339,810 OPERATING EXPENSES 856,662 118 592,305 GAIN ON SALE OF MONSTER NON-ENERGY 161,470 893,653 747,505 1,085,338 OPERATING INCOME OTHER EXPENSE, NET 5,653 2,105 1,717 INCOME BEFORE PROVISION FOR INCOME TAX- 1,079,685 891,548 745,788 PROVISION FOR INCOME TAXES 367,000 344,815 262,603 712,685 546,733 483,185 NET INCOME NET INCOME PER COMMON SHARE Basic 1.21 0.97 0.96 Diluted WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK AND COMMON STOCK EQUIVALENTS 587,874 Basic 566,448 501,771 Diluted 2016 2015 2014 S712,685 TS546, 733 S483,185 Net income, as reported Other comprehensive (loss)income: Change in foreigncurrencytranslation adjustment, (1,178) (10,425) (10,220) net of tax Available-for-sale investments: Change in net unrealized losses 193 Reclassification adjustmentfornet gains includ- ed in net income Net change in available-for-saleinvestments 193 Other comprehensive (loss)income (1,371) (10,425 10.22 0) Comprehensive income $711,314 S536,308 $472,965

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