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Business, 24.02.2020 21:11 smkw04p3ao0n

Manero Company included the following information in its annual report: 2019 2018 2017 Sales $ 178,400 $ 162,500 $ 155,500 Cost of goods sold 115,000 102,500 100,000 Operating expenses 50,000 50,000 45,000 Operating income 13,400 10,000 10,500 In a common-size income statement for 2019, the operating expenses are expressed as:

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Manero Company included the following information in its annual report: 2019 2018 2017 Sales $ 178,4...
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