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The Following Information Is Taken from the Financial Statements of a Company

Question 130

Multiple Choice

The following information is taken from the financial statements of a company for the current year:
The following information is taken from the financial statements of a company for the current year:    -Use the information above to answer the following question.The gross profit percentage for the current year rounded to the nearest whole percent is closest to: A)  24%. B)  76%. C)  60%. D)  31%.
-Use the information above to answer the following question.The gross profit percentage for the current year rounded to the nearest whole percent is closest to:


A) 24%.
B) 76%.
C) 60%.
D) 31%.

Correct Answer:

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