Answer Options:

1) 63%

2) 24%

3) 30%

4) 76%

The following information is taken from the financial statements of Clybourn Company for the current year: Current Assets Total Assets Cost of Goods Sold Gross Profit Net Income $411,000 906,000 666,000 216,000 136,000 The gross profit percentage for the current year rounded to the nearest whole percent is closest to