Question: Operating data for Marin Corporation are presented below. 2020 Net sales $580,000 Cost of goods sold 400,200 Operating expenses 127,600 Net income 52,200 Prepare a

Operating data for Marin Corporation are presented below. 2020 Net sales

Operating data for Marin Corporation are presented below. 2020 Net sales $580,000 Cost of goods sold 400,200 Operating expenses 127,600 Net income 52,200 Prepare a schedule showing a vertical analysis for 2020. Amount Percent Net sales 580000 100 % Cost of goods sold

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