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What is the gross profit percentage for the current year (rounded to the nearest whole percent)? 61% 76% 31% 24% The following information is taken
61% 76% 31% 24% The following information is taken from the financial statements of a company for the current year: |
| Current assets | $400,000 |
| Total assets | 895,000 |
| Cost of good sold | 655,000 |
| Gross Profit | 205,000 |
| Net income | 125,000 |
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