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%.

Question

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%.

Quizplus · Accepted Answer

The Answer of 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%.

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