The following information is taken from the financial statements of company for the current year :

current assets $ 412,000

total assets. 907,000

cost of good sold. 667,000

Gross profit 217,000

net income 137,000

The gross profit percentage for the current year rounded to the nearest whole percentage is closest to?

25%

75%

63%

30%

The following information is taken from the financial statements of Clybourn Company for the current year: Current Assets $412 , 000 Total Assets 907 , 000 Cost of Goods Sold 667, 000 Gross Profit 217, 000 Net Income 137, 000 The gross profit percentage for the current year rounded to the nearest whole percent is closest to: Multiple Choice O 25% Qu O 75%