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Business, 15.04.2020 03:01 lemusjulia2786

Saira, Inc. has the following income statement (in millions): SAIRA, INC. Income Statement For the Year Ended December 31, 2017, Net Sales $300 Cost of Goods Sold 180 Gross Profit 120 Operating Expenses 45 Net Income $75. Using vertical analysis, what percentage is assigned to Cost of Goods Sold?

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