What was operating profit as a percentage of sales? Enter your answer as a percent, without the percentage sign.

Given the following data, create a common-size income statement: Line item Sales Cost of goods sold Operating expenses Interest expenses Taxes Part 1 Amount ($) 424,000 396,000 55,000 7 ,200 11 ,ooo l" Attempt 1/10 for 10 pts. What was gross profit as a percentage of sales? Enter your answer as a percent, without the percentage sign. 6.6 Correct v/ Line item Sales Cost of goods sold Gross profit Amount ($) 424,000 396,000 28,000 Percent 1 000/0 93.4% 6.6%