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QUESTION
how would I compute the gross profit percentage?
how would I compute the gross profit percentage? sara earned net sales revenue of 67,000,000 in 2016.cost of goods sold was 40,870,000,and net income reached 8,000,000,the companys highest ever.what is the gross profit percentage
Sales67, 000. 000Less . Cost of goods sold10. 870.000Gross Profit26, 130, 000Gross Profit percentage =\( Gross profit !' Sales ) x 100(26, 130, 000 / 67, 000, 000 ; x 10039.00%/0Gross...