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#3 c Category Prior year Current year unanswered Accounts payable not_submitted Attempts Remaining: Infinity 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid

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#3 c Category Prior year Current year unanswered Accounts payable not_submitted Attempts Remaining: Infinity 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash ??? ??? Common Stock @ par value 37,600 42,000 COGS 131,400 174,226.00 Depreciation expense 21,600 23,587.00 Interest expense 16,200 16,448.00 Inventories 111,600 115,200 Long-term debt 135,000 137,356.00 Net fixed assets 379,589.00 399,600 Notes payable 59,400 64,800 50,400 68,747.00 Operating expenses (excl. depr.) . Retained earnings 122,400 136,800 Sales 255,600 336,540.00 Taxes 9,900 19,336.00 What is the firm's gross profit margin for the current year? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format

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