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[The following information applies to the questions displayed below.] The following information is taken from...

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Accounting

[The following information applies to the questions displayed below.] The following information is taken from the financial statements of a company for the current year: Current assets $410,000 Total assets 905,000 Cost of good sold 665,000 Gross Profit 215,000 Net income 135,000 On a common size income statement for this year, what is the percentage that would be shown next to the dollar amount of cost of goods sold?

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