C 4 t2 of 4 Required information The following information applies to the questions displayed below) Hair World Inc. is a wholesaler of hair supplies. Hair World uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis 13 $87,200 01:45:43 a. sold merchandise for cash cost of merchandise $46,797). 5. Received merchandise returned by customers an unsatisfactory (but in perfect condition) for cash refund (original cont of merchandise $630) c. Sold merchandise (costing 59,025) to a customer on account with teens n/60. d. Collected halt of the balance owed by the customer in (c). e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid 1,050 19.000 9.500 kipped 304 Book 2. Compute the gross profit percentage. (Round your answer to 1 decimal place.) Print Grons Profit Percentage % rences