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    Exam 17: Financial Statement Analysis
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    Shelcal Inc
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Shelcal Inc

Question 52

Question 52

Multiple Choice

Shelcal Inc. provides the following data for the year 2015: Shelcal Inc. provides the following data for the year 2015:   On vertical analysis report, cost of goods sold as a percentage of net sales will amount to: A) 59.42% B) 61.15% C) 63.48% D) 64.07% On vertical analysis report, cost of goods sold as a percentage of net sales will amount to:


A) 59.42%
B) 61.15%
C) 63.48%
D) 64.07%

Correct Answer:

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