Fairway Company had a S 16,000 beginning inventory and a $20,000 ending inventory. Net sales were S 170 000 sold for the period is $90,000 wances. S. 00 eight in99 chases. S purchase re n an all and Co ng is What is Fairway's gross profit percentage (rounded to the nearest percentage)? OA, 9% B. OC, OD 1296. 47% 53%