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S6-7 (similar to) Question Help Lemon Lime Company made sales of S32,250 million during 2014. Cost of gcods sold for the year totaled $12,900ion. At
S6-7 (similar to) Question Help Lemon Lime Company made sales of S32,250 million during 2014. Cost of gcods sold for the year totaled $12,900ion. At the end of 2013, Lemon Lime's inventory stood at $1,400 million, and Lemon Lime ended 2014 with inventory of $1,600 million. Compute Lemon Lime's gross profit percentage and rate of inventory turnover for 2014 Begin by computing Lemon Limes gross profit percentage for 2014 (Round your answer to the nearest tenth of a percent, XX% ) Lemon Lime's gross profit percentage for 2014 is %
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