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The following financial statement items are shown for Crane Manufacturing. $864000 384000 Net sales Cost of goods sold Insurance expense Total operating expenses Net income
The following financial statement items are shown for Crane Manufacturing. $864000 384000 Net sales Cost of goods sold Insurance expense Total operating expenses Net income 51840 144000 80000 Calculate the common-size percentage for insurance expense. 3.8% 36.0% 6.0% 64.8%
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