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Calculate the Cost Advantage Index If the Percentage Cost of Goods

Question 32

Multiple Choice

Calculate the cost advantage index if the percentage cost of goods sold by the business is 40% and the average percentage cost of goods sold by its top three competitors are 50%,60%,and 70%,respectively.


A) 20
B) 40
C) 57
D) 67
E) 80

Correct Answer:

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