Solution-Compute the cost of goods sold percentage

Compute the cost of goods sold percentage

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Reference no: EM132193307

Question - Mussa Corporation reports the following data:

Net sales - $270,000

Cost of goods sold - 170,000

Gross profit - $100,000

In vertical analysis, the cost of goods sold percentage is closest to:

A. 170%.

B. 63%.

C. 37%.

D. 59%.

Reference no: EM132193307

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Compute the cost of goods sold percentage

Reference no: EM132193307

Reference no: EM132193307

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