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    Financial Accounting for Decision Makers
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    Exam 12: Analysis and Interpretation of Financial Statements
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    Use the Following Selected Balance Sheet and Income Statement Information
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Use the Following Selected Balance Sheet and Income Statement Information

Question 47

Question 47

Multiple Choice

Use the following selected balance sheet and income statement information for Gardening Supply Co. (in millions) to compute the gross profit percentage to the nearest hundredth of a percent. Use the following selected balance sheet and income statement information for Gardening Supply Co. (in millions)  to compute the gross profit percentage to the nearest hundredth of a percent.   A)  5.16% B)  17.30% C)  16.17% D)  61.96%


A) 5.16%
B) 17.30%
C) 16.17%
D) 61.96%

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