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Business, 07.03.2020 04:42 jacamron

CoronadoCorporation, Inc. has the following income statement (in millions): Coronado Corporation, Inc. Income Statement For the Year Ended December 31, 2017 Net Sales $340 Cost of Goods Sold 224 Gross Profit 116 Operating Expenses 65 Net Income $ 51 Using vertical analysis, what percentage is assigned to net income?

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