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View Policies Current Attempt in Progress Sunland, Inc. has the following Income Statement (in millions): Sunland, Inc. Income Statement For the Year Ended December 31,

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View Policies Current Attempt in Progress Sunland, Inc. has the following Income Statement (in millions): Sunland, Inc. Income Statement For the Year Ended December 31, 2020 Net Sales $190 Cost of Goods Sold 114 Gross Profit 76 49 Operating Expenses Net Income $27 Using vertical analysis, what percentage is assigned to gross profit? O 100.00% O 66.67% O 40.00% O 60.00%

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