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Calculate the Percentage Cost of Goods Sold by a Business

Question 27

Multiple Choice

Calculate the percentage cost of goods sold by a business if the cost advantage index of the business is 150 and the average percentage cost of goods sold by its top three competitors are 40%,50%,and 30%,respectively.


A) 150
B) 40
C) 60
D) 126
E) 70

Correct Answer:

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