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Each of the following gross profit percentages is expressed in terms of cost. 1. 36.00%. 2. 3. 4. 45.00%. 60.00%. 90.00%. Indicate the gross profit

Each of the following gross profit percentages is expressed in terms of cost. 1. 36.00%. 2. 3. 4. 45.00%. 60.00%. 90.00%. Indicate the gross profit percentage in terms of sales for each of the above.

image text in transcribed Each of the following gross profit percentages is expressed in terms of cost. 1. 36.00%. 2. 45.00%. 3. 60.00%. 4. 90.00%. Indicate the gross profit percentage in terms of sales for each of the above. (Round answers to 2 decimal places, e.g. 78.73%.)

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