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The following income statement information is for Sadie Company: The following income statement information is for Sadie Company: Sales Cost of goods sold Gross proft

The following income statement information is for Sadie Company:
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The following income statement information is for Sadie Company: Sales Cost of goods sold Gross proft $175,000 115,000 60,000 Using vertical analysis of the income statement for Sadie Company, determine the gross profit margin. Oa. 100% Ob. 66.5% . 34.396 Od. 29.4%

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