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Use the following selected information from Wheeler, LLC to determine the 2015 and 2014 gross profit percentages. 2015 2014 Sales Revenue $276,200 $231,400 Cost of

Use the following selected information from Wheeler, LLC to determine the 2015 and 2014 gross profit percentages.

	2015	2014
Sales Revenue	$276,200	$231,400
Cost of goods sold	151,900	129,590
Operating expenses	55,240	53,240
Net earnings	27,820	19,820

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