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Compute the Company's gross profit percentage using the following accounts: Inventory, December 31, 2013 $ 150,000 Net Sales $ 562,000 Cost of Sales $ 250,000

Compute the Company's gross profit percentage using the following accounts: Inventory, December 31, 2013 $ 150,000 Net Sales $ 562,000 Cost of Sales $ 250,000 A. 55.52% B. None of the following c. 58.33% OD.35.33% E. 62.27%

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