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Chap 4 Quiz 5 TB MC Qu. 04-122 (Algo) The following data are from the Inc The following data are from the Income statement

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Chap 4 Quiz 5 TB MC Qu. 04-122 (Algo) The following data are from the Inc The following data are from the Income statement of Ralston Company. 1 points References Revenue Cost of goods sold Operating expenses Net income $2,000 (1,250) (600) $150 What Is the company's gross margin percentage? (Round your answers to th Multiple Choice 37.500% 62.500%

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