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Presented below is information for Furlow Company for the month of March 2014. Prepare a multiple-step income statement. Compute the gross profit rate. (Round answer

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Presented below is information for Furlow Company for the month of March 2014. Prepare a multiple-step income statement. Compute the gross profit rate. (Round answer to 2 decimal places, e.g. 25.20%.) Gross profit rate %

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