If the gross profit on sales is 20 percent of net sales, then cost of goods sold would be----------percent of net sales.
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Q52: A company reported net income of $84,000
Q53: A firm had current liabilities of $90,000
Q54: Beatrice Corporation currently trades at $12 per
Q55: Current assets divided by current liabilities is
Q56: A firm reported total liabilities of $50,000
Q58: Financial statements presented side-by-side for two or
Q59: The current ratio is a measure of
Q60: The----------- on total assets measures the earnings
Q61: The acid-test ratio is computed by dividing-------------
Q62: Comparing the amount of a balance sheet
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