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The following financial statement items are shown for Carla Vista Manufacturing. Net sales Cost of goods sold Insurance expense Total operating expenses Net income $860000
The following financial statement items are shown for Carla Vista Manufacturing. Net sales Cost of goods sold Insurance expense Total operating expenses Net income $860000 380120 48000 140000 76000 Calculate the common-size percentage for gross margin. 55.8% 0.7% 44.2% 10.7%
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