Company made sales of $ 30000 million during 2014. Cost of goods sold for the year totaled $ 13800 million. At the end of 2013, Lemon Lime's inventory stood at $ 1200 million, and Lemon Lime ended 2014 with inventory of $ 1800 million.

Lemon Lime Company made sales of $30,000 llion during 2014. Cost af goods sold for the year totaled $13,800 million. At the end of 2013, Leman Lime's inventory stood at $1,200 million, and Lemon Lime ended 2014 with inventory of S1,800 mi lion. Compute Lemon Lime's gross profit percentage and rate of inventory turnover for 2014 Begin by computing Lemon Lime's gross profit percentage for 2014 . (Round your answer to the nearest tenth of a percent, X.X%.) Lemon Lime's gross profit percentage for 2014 is% 9%