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Your answer is incorrect. Each of the following gross profit percentages is expressed in terms of cost. 1. 44%. 2. 55%. 3. 73.33%. 4. 110%.

image text in transcribed Your answer is incorrect. Each of the following gross profit percentages is expressed in terms of cost. 1. 44%. 2. 55%. 3. 73.33%. 4. 110%. Indicate the gross profit percentage in terms of sales for each of the above. (Round answers to 2 decimal places, e.g. 78.73\%.)

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