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Use the following to answer questions 2229 GHT Corporation reports the following amounts in its December 31,20XD income statement: 28. % Calculate gross profit ratio

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Use the following to answer questions 2229 GHT Corporation reports the following amounts in its December 31,20XD income statement: 28. % Calculate gross profit ratio (round to one decimal place). 29. Comparing GHT's common sized income statement with its competitor. The competitor's gross margin is 45.0%, which company is doing better

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