Business, 03.12.2020 19:50 lyssamichelle

Given the following data: Net sales $430,000
Cost of goods sold $80,000
Gross profit $350,000
Operating expenses $50,000
Net income $300,000
In vertical analysis, net income would be expressed as: (Round your final answer to the nearest whole percent)
A. 12%.
B. 81%.
C. 70%.
D. 19%

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Given the following data: Net sales $430,000
Cost of goods sold $80,000
Gross profit...

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