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Calculate the gross profit margin for a firm with sales of $52,000,000 and cost of goods sold of $41,000,000. (Enter your answer as percentage rounded to two decimal points. For example, enter 1.53 instead of 0.0153.) Your Answer: Answer Hide hint for Question 3 gross profit margin = (sales - cost of goods sold)/sales Which one of the following is generally considered to be the best form of analysis if you have to select a single method to analyze a variety of investment opportunities? ( 1) Net present value O2) Accounting rate of return ( 3) Internal rate of return O4) Payback 5) Profitability index