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What amount belongs in cell B if performing vertical analysis? Sales $800,000 A Cost of Goods Sold $200,000 B Gross Profit $600,000 C D

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What amount belongs in cell B if performing vertical analysis? Sales $800,000 A Cost of Goods Sold $200,000 B Gross Profit $600,000 C D Operating Expenses $500,000 E Net Income $100,000 None of these answer choices. 50% O 25% 400% 200%

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