PRE-TEST Problem #11 of 23 1 3 0 Relaunch to upda Maroon Inc. made sales of $101,600 during the current year. The cost of goods sold was $79,000. The company calculated its gross profit ratio, but later its inventory records indicated an inventory shrinkage of $1,550. What is the effect of inventory shrinkage on the gross profit percent? a. There is a 1.50