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43 Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash

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43 Category Prior year Current year Accounts payable 41,400 45,000 Accounts receivable 115,200 122,400 Accruals 16,200 13,500 Additional paid in capital 200,000 216,660 Cash 777 ??? Common Stock @par value 37,600 42,000 COGS 131,400 176,234.00 Depreciation expense 21,600 23,888.00 Interest expense 16,200 16,882.00 Inventories 111,600 115,200 Long-term debt 135,000 139,325.00 Net fixed assets 377,337.00 399,600 Notes payable 59,400 64,800 Operating expenses (excl. depr.) 50,400 65,341.00 Retained earnings 122,400 136,800 Sales 255,600 337,957.00 Taxes: 9,900 18,965.00 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 deci

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