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The Following Information Is Taken from the Financial Statements of a Company

Question 91

Multiple Choice

The following information is taken from the financial statements of a company for the current year:
The following information is taken from the financial statements of a company for the current year:    -Use the information above to answer the following question.On a common size income statement for this year,what is the percentage that would be shown next to the dollar amount of cost of goods sold? A)  76% B)  24% C)  31% D)  18%
-Use the information above to answer the following question.On a common size income statement for this year,what is the percentage that would be shown next to the dollar amount of cost of goods sold?


A) 76%
B) 24%
C) 31%
D) 18%

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