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Mandell, Inc. provides the following data: For the year ending December 31, 2025: Net Sales Revenue Cost of Goods Sold Gross Profit $240,000 (170,000) $70,000
Mandell, Inc. provides the following data: For the year ending December 31, 2025: Net Sales Revenue Cost of Goods Sold Gross Profit $240,000 (170,000) $70,000 Calculate the gross profit percentage for 2025. A. 34.15% OB. 70.83% C. 29.17% D. 65.85%
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