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During the current year, Acme Company reports sales of $ 3 2 5 , 0 0 0 and anderage sale period of 5 0 days.

During the current year, Acme Company reports sales of $325,000 and anderage sale period of 50 days. The inventory balance is $22,000 at the beginning of the year and $26,000 at the end of the year. What is Acme's gross margin percentage? Round to one decimal place.
46.1%
47.6%
52.4%
54.6%
None of the above
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