Skysong, Inc. has the following Income Statement (in millions): SKYSONG, INC.
Income Statement
For the Year Ended December 31, 2023
Net Sales $500
Cost of Goods Sold 375
Gross Profit 125
Operating Expenses 53
Net Income $ 72

Using vertical analysis, what percentage is assigned to gross profit?

In a speech before the american society of newspaper editors (april 16, 1953), president eisenhower stated: "every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and not clothed. this world in arms is not spending money alone. it is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. this is not a way of life at all in any true sense. under the cloud of threatening war, it is humanity hanging from a cross of iron." do you agree or disagree?