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The following is Carla Vista Company's income statement for the past year. Sales revenue $354,000 Cost of goods sold 141,600 Gross margin 212,400 Operating

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The following is Carla Vista Company's income statement for the past year. Sales revenue $354,000 Cost of goods sold 141,600 Gross margin 212,400 Operating expenses 153,400 Operating income $59,000 (a) What is the markup percentage on cost of goods sold? (Round answer to O decimal places, e.g. 45%.) Markup percentage eTextbook and Media Save for Later % Attempts: 0 of 3 used Submit Answer

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