a. 21.01%

b. 43.29%

c. 56.71%

d. 14.50%

The comparative financial statements of Seward, Inc. include the following data: Current Year Prior Year Income Statement Net Sales Revenue Cost of Goods Sold Operating Expenses Interest Expense Income Tax Expense Net Income Balance Sheet Current Assets Plant, Property and Equipment, Net Current Liabilities Long-Term Liabilities Stockholders' Equity Total Liabilities & Stockholders' Equity $149,000 64,500 40,900 5,400 6,900 31,300 $119,000 56,500 33,900 5,400 5,900 17,300 134,000 117,000 54,500 52,500 144,000 251,000 114,000 124,000 47,500 52,500 138,000 238,000 The gross profit percentage for the current year is closest to