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Required information [The following information applies to the questions displayed below.] Psymon Company, Incorporated, sells construction equipment. The annual fiscal period ends on December 31

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Required information [The following information applies to the questions displayed below.] Psymon Company, Incorporated, sells construction equipment. The annual fiscal period ends on December 31 . The following adjusted trial balance was created from the general ledger accounts on December 31 : 2. Compute the gross profit percentage. (Round your answer to 1 decimal place.)

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