Multiple Choice
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%
Correct Answer:

Verified
Correct Answer:
Verified
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