Attempt in Progress Ayayai Corporation, Inc. has the following income statement (in millions): AYAYAI CORPORATION, INC....

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Attempt in Progress Ayayai Corporation, Inc. has the following income statement (in millions): AYAYAI CORPORATION, INC. Income Statement For the Year Ended December 31, 2026 Net Sales $400 Cost of Goods Sold 268 Gross Profit 132 Operating Expenses 95 Net Income $37 Using vertical analysis, what percentage is assigned to cost of goods sold? O 32.0% O 100.0% 50.0% O 67.0% Attempt in Progress Ayayai Corporation, Inc. has the following income statement (in millions): AYAYAI CORPORATION, INC. Income Statement For the Year Ended December 31, 2026 Net Sales $400 Cost of Goods Sold 268 Gross Profit 132 Operating Expenses 95 Net Income $37 Using vertical analysis, what percentage is assigned to cost of goods sold? O 32.0% O 100.0% 50.0% O 67.0%