The Walker Company reported the following:

Cash	1,200		Unearned revenue	600
Accounts payable	1,600		Revenue	42,800
Notes payable	12,900		Inventory	6,400
Accounts receivable	800		Equipment	27,600
Supplies	200		Cost of goods sold	34,300
Interest expense	50		Rent expense	2,400

What is the company's gross profit rate? Convert your final answer to a percentage, round to one decimal place and enter without the "%" sign (e.g. a final answer of 0.105678 would be entered as 10.6).