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Vertical analysis (common-size) percentages for Sheridan Company's net sales, cost of goods sold, and expenses are listed here. (a1) Calculate Sheridan's net income as a

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Vertical analysis (common-size) percentages for Sheridan Company's net sales, cost of goods sold, and expenses are listed here. (a1) Calculate Sheridan's net income as a percent of net sales. (Round answers to 1 decimal ploce, es, 5.2\%)

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