Jones Company has the following financial data: ANSWER 100% 143% 2019 2018 Assets 70% Current Assets: Cash and Cash Equivalents $2,000 $1,900 30% Accounts Receivable 1,800 1,600 Merchandise Inventory 1,200 1,000 Prepaid Expenses 1,300 2,100 Total Current Assets 6,300 6,600 Other Assets 17,000 15,000 Total Assets $23,300 $21,600 Liabilities Current Liabilities $ 7,000 $ 8,000 Long-term Liabilities 4,000 3,500 Total Liabilities 11,000 11,500 I DON'T KNOW YET submit Stockholders' Equity Common Stock, no par $ 6,500 $ 4,300 Retained Earnings 5,800 5,800 Total Stockholders' Equity 12.300 10,100 Total Liabilities and Stockholders' $23,300 $21,600 Equity 2019 Net Sales Cost of Goods Sold $ 30,000 9,000 Gross Profit 21,000 Operating Expenses 6,000 Operating Income 15,000 Interest Expense 300 Income Before Income Taxes 14,700 Income Tax Expense 2,400 Net Income $12,300 What is the gross profit percentage for 2019