all Moodle Dashboard Library CobyNet - Academics Home > My courses > ACCT-103-13829-202101 > Topic 1 Statement of Cash Flows/Ratios > ACC 103 Test 1 Spring 2021 Question 33 Not yet answered Points out of 1.00 p Flag question Use the following selected 2019 balance sheet and income statement information for Home Improvements Co. On millions) to compute the gross profit percentage to the nearest hundredth of a percent. Gross profit Average Tax rate on Net income on sales total assets Sales operating profit $279,840 $2,101,200 $1,081,800 $2,713,008 35% Select one: A 50.34% 3.77.4596 C. 10.31% D. 51.639 120 24