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The following information is taken from the financial statements of Clybourn Company for the current year: Current Assets Total Assets Cost of Goods Sold Gross

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The following information is taken from the financial statements of Clybourn Company for the current year: Current Assets Total Assets Cost of Goods Sold Gross Profit Net Income $410,000 905,000 665,000 215,000 135,000 On a common size income statement for the year, what is the percentage that would be shown next to the dollar amount of sales revenue? 1 Multiple Choice 0 15% 0 ) 100% 0 Cannot be determined 0 63%

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