what is the gross profit percentage?

Help Save &E Che Required information The following information applies to the questions displayed below) Big Tommy Corporation is a local grocery store organized seven years ago as a corporation. The bookkeeper prepared the following statement at year end (assume that all amounts are correct, but note the incorrect format 2 BIG TOMHY CORPORATION Profit and Loss December 31 di Debit Credit $ 375,800 Net Sales Cost of Goods Sold Salaries and Wages Expense Office Expenses Travel Expenses Income Tax Expense Net Profit Totals $263,000 54,000 13,000 1,000 13,440 31,360 5975,.60 57569 $375,800 $375,800 Required Next > Prev10 11 of 1