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David Door Company had annual sales of $565,500. If the gross profit was $264,300, how would the gross profit de represented in a percent analysis?41.6%43.9%45.2%46.7%Nonehoices are correct

Respuesta :

Annual sales = $565,500

Gross profit = $264,300

[tex]\begin{gathered} \text{Percent gross profit = }\frac{Gross\text{ profit}}{\text{Annual sales}}\times100 \\ =\frac{264300}{565500}\times100\text{ =}46.73\text{ percent} \end{gathered}[/tex]

Therefore, the gross profit represented in the percent analysis is 46.7%

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