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Lomony Company made sales of $26,250 million during 2018. Cost of goods sold for the year totaled $10,500 million. At the end of 2017, Lemony's

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Lomony Company made sales of $26,250 million during 2018. Cost of goods sold for the year totaled $10,500 million. At the end of 2017, Lemony's inventory stood at $1,300 million, and Lemony ended 2018 with inventory of $1,700 million Computer Lemony's gross profit percentage and rate of inventory turnover for 2018. Begin by computing Lemony's gross profit percentage for 2018. (Round your answer to the nearest tenth of a percent, XX Lemony's gross profit percentage for 2018 is %

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