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can any one explain it to me? Gilbert, Inc. generated sales revenues of $1, 800,000 in 2017. Its cost of goods sold amounted to $990,000.

image text in transcribed can any one explain it to me?

Gilbert, Inc. generated sales revenues of $1, 800,000 in 2017. Its cost of goods sold amounted to $990,000. Calculate Gilbert's gross profit percentage. 55% 182% 222% 45%

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