Question: What amount belongs in cell E if performing vertical analysis? Sales $800,000 Cost of Goods Sold $200,000 Gross Profit $600,000 Operating Expenses $500,000 Net Income

What amount belongs in cell E if performing vertical analysis? Sales $800,000 Cost of Goods Sold $200,000 Gross Profit $600,000 Operating Expenses $500,000 Net Income $100,000 100% None of these answer choices 12.5% 500% 800% A B C D E

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