The most recent Income Statement for Eisenmenger Electronic Enterprises (EEE) shows Sales: $11,635,000 Cost of Goods Sold: $8,975,000 Earnings before interest and taxes (EBIT): $1,287,500 Net Income: $616,655 (The company paid income tax at a 36% average combined federal-plus-state rate.) The most recent balance sheet shows Total Assets: $7,420,000 Owner's Equity: $4,180,000 Debt: $3,240,000 Compute the gross profit margin in % to 2 decimal places (xx.xx%).