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MC Qu. 13-39 The following information is taken from the financia!... The following infonmation is taken from the financial statements of Clybourn Company for the
MC Qu. 13-39 The following information is taken from the financia!... The following infonmation is taken from the financial statements of Clybourn Company for the current year Current Assets Total Assets Cost of Goods Sold Gross Profit Net Income $ 632,000 1,424,000 1,040,000 320,000 192,000 The gross profit percentage for the current year rounded to the nearest whole percent is closest to: Multiple Chaice 024% 060%. 31%
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