Calculate the Gross Profit Margin for Chrissie's Cooking Supply based on its Income Statement.

Calculate the Gross Profit Margin for Chrissie's Cooking Supply based on its Income Statement HOME INSERT DATA fx B C E D Chrissie's Cooking Supply 1 Income Statement for Year Ended 2 November 30, 2013 3 4 152,633 Revenue 5 Cost of Sales 71,156 6 Gross Profit 81,477 Gross Profit Margin: 8 Marketing and Sales 55,000 General and Administrative 10,987 10 Total Operating Expenses 65,987 11 12 Operating Income 15,490 13 14 Interest Income 15 Interest Expense 1,112 -12 16 Income Before Taxes 16,590 17 Income Tax Expense 5,374 18 Net Income 11,216 19 20 21 22 23 24 25