A Inc. had the following results for 2020 Sales 1940000 Accounts receivable 10000Cost of sales 318000 Net
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Question:
A Inc. had the following results for 2020
Sales 1940000
Accounts receivable 10000Cost of sales 318000
Net income 90000
Calculate A Inc.'s gross profit percentage for 2020.
State youranswer as a percentage and round to two decimal places.
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