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    Exam 17: Financial Statement Analysis
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    Shelcal,Inc.provides the Following Data for the Year 2017
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Shelcal,Inc.provides the Following Data for the Year 2017

Question 14

Question 14

Multiple Choice

Shelcal,Inc.provides the following data for the year 2017:
Shelcal,Inc.provides the following data for the year 2017:   The cost of goods sold as a percentage of net sales revenue is ________.(Round your answer to two decimal places. )  A) 62.45% B) 62.58% C) 61.90% D) 62.24%
The cost of goods sold as a percentage of net sales revenue is ________.(Round your answer to two decimal places. )


A) 62.45%
B) 62.58%
C) 61.90%
D) 62.24%

Correct Answer:

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