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Exercise 9-13 Each of the following gross profit percentages is expressed in terms of cost 1. 24.00%. 2. 30.00%. 3, 40.00%. 4. 60.00%. Indicate the

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Exercise 9-13 Each of the following gross profit percentages is expressed in terms of cost 1. 24.00%. 2. 30.00%. 3, 40.00%. 4. 60.00%. Indicate the gross profit percentage in terms of sales for each of the above. (Round answers to 2 decimal places, e.g. 78.73%.) Gross profit in Gross profit in terms of cost terms of sales 1. 24.00% 2. 30.00% 3. 4. 60.00% 40.00% Click if you would like to Show Work for this question: Open Show Work

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