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Coronado, Inc. has the following Income Statement (in millions): Coronado, Inc. Income Statement For the Year Ended December 31, 2021 Net Sales $330 Cost of

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Coronado, Inc. has the following Income Statement (in millions): Coronado, Inc. Income Statement For the Year Ended December 31, 2021 Net Sales $330 Cost of Goods Sold 190 Gross Profit 140 Operating Expenses 115 Net Income $ 25 Using vertical analysis, what percentage is assigned to net sales? 330% O Can't be computed. O 140% O 100%

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