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James, Inc. provides the following data: 2025 2024 Cash Accounts Receivable, Net Merchandise Inventory $131,000 $120,000 76,000 50,000 41,000 49,000 Property, Plant, and Equipment, Net
James, Inc. provides the following data: 2025 2024 Cash Accounts Receivable, Net Merchandise Inventory $131,000 $120,000 76,000 50,000 41,000 49,000 Property, Plant, and Equipment, Net 128,000 95,000 For the year ending December 31, 2025) Net Sales Revenue $459,000 Cost of Goods Sold (310,000) Gross Profit $149,000 OA. 27.85% OB. 38.9% C. 32 46% OD. 25.47% Cash Accounts Receivable, Net Merchandise Inventory Property, Plant, and Equipment, Net For the year ending December 31, 2025 Net Sales Revenue Cost of Goods Sold Gross Profit $459,000 (310,000) $149,000 Calculate the gross profit percentage for 2025 OA. 27.85% OB. 38.9% OC. 32.46% OD. 25.47% 2025 2024 $131,000 76,000 $120,000 50,000 41,000 49,000 128,000 95,000
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