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Mercer, Inc. provides the following data from its income statement for 2020: Sales Revenue Cost of Goods Sold $780,000 (285,000) Calculate the gross profit

Mercer, Inc. provides the following data from its income statement for 2020: Sales Revenue Cost of Goods Sold $780,000 (285,000) Calculate the gross profit percentage. (Round your answer to two decimal places.) A. 100.00% B. 63.46% C. 36.54% OD. 17.37% Reset Selection Caira Exit

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