The following information is taken from the financial statements of Clybourn Company for the current year: Current Assets Total Assets Cost of Goods Sold Gross Profit Net Income $ 413,000 908,000 668,000 218,000 138,000 The gross profit percentage for the current year rounded to the nearest whole percent is closest to: Multiple Choice 63% 75%

The following information is taken from the financial statements of Clybourn Company for the current year: The gross profit percentage for the current year rounded to the nearest whole percent is closest to: Multiple Choice 63% 75% The following information is taken from the financial statements of Clybourn Company for the current year: The gross profit percentage for the current year rounded to the nearest whole percent is closest to: Multiple Choice 63% 75%