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The Jim Demello Company has annual sales of $3,500,000 and no depreciation. The common-size statement shows that EBIT is 70.2 percent of sales. What is
The Jim Demello Company has annual sales of $3,500,000 and no depreciation. The common-size statement shows that EBIT is 70.2 percent of sales. What is the cost of goods sold (COGS) in dollars? $920,000$1,043,000$1,750,000$2,106,000 COGS cannot be determined given this information Question 18 (1 point) In 2015, Bitcoin was trading at $300 per coin and it hit $60,000 in 2021 . Imagine you had purchased one Bitcoin in 2015 and sold it in 2021. What approximate annual return would you have realized? 68% 100% 142% 215% 284%
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