Vaughn inc. has the following income statement (in millions): vaughn, inc. income statement for the year ended december 31, 2017 net sales $230 cost of goods sold 160 gross profit 70 operating expenses 42 net income $ 28 using vertical analysis, what percentage is assigned to net sales?

Afirm is producing at minimum average total cost with its current plant. draw the firm's long-run average cost curve. label it. draw a point on the lrac curve at which the firm cannot lower its average total cost. draw the firm's short-run average total cost curve that is consistent with the point you have drawn. label it.g