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Cupcake Queen earned net sales revenue of $68,000,000 in 2016. Cost of goods sold was &40,820,000, and net income reached $9,000,000, the company's highest ever.

Cupcake Queen earned net sales revenue of $68,000,000 in 2016. Cost of goods sold was &40,820,000, and net income reached $9,000,000, the company's highest ever. Compute the company's gross profit percentage for 2016.

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