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Business, 24.05.2021 14:00 MeIsBella

Bramble, Inc. has the following Income Statement (in millions): Bramble, Inc. Income Statement For the Year Ended December 31, 2017
Net Sales $330
Cost of Goods Sold 231
Gross Profit 99
Operating Expenses 43
Net Income $56

Requried:
Using vertical analysis, what percentage is assigned to cost of goods sold?

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