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Using the data below for vertical analysis, how much is gross profit as a percentage of the base? Sales Revenue Sales Returns and Alowances Sales

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Using the data below for vertical analysis, how much is gross profit as a percentage of the base? Sales Revenue Sales Returns and Alowances Sales Discounts Net Sales Revenue Cost of Goods Sold $625,000 20,000 5,000 $600,000 $350,000 41.67% 56.1% 35.9% 44.1%

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