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Question 6 (1 point) The Jim Demello Company has annual sales of $3,500,000 and no depreciation. The common-size stateme
Posted: Fri Jul 01, 2022 7:41 am
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- Question 6 1 Point The Jim Demello Company Has Annual Sales Of 3 500 000 And No Depreciation The Common Size Stateme 1 (36.71 KiB) Viewed 32 times
Question 6 (1 point) The Jim Demello
Company has annual sales of $3,500,000 and no depreciation. The common-size
statement shows that EBIT is 70.2 percent of sales. What is the cost of goods sold (COGS) in dollars? $1,750,000 $2,106,000 COGS cannot be determined given this information $1,043,000 $920,000