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YR 1 YR2 Sales (S) Cost of Good Sold (COGS) Gross Profit (GP) Year 1 $ 614,405.00 $ 385,101.00 $ 229,304.00 Year 2 $ 600,343.00

YR 1 YR2 Sales (S) Cost of Good Sold (COGS) Gross Profit (GP) Year 1 $ 614,405.00 $ 385,101.00 $ 229,304.00 Year 2 $ 600,343.00 $ 473,396.00 $ 226,947.00 Calculate the following: (round to nearest percent) (a) Mark-up percent for year 1 (b) Mark-up percent for year 2 (c) Gross Profit for year 1 (d) Gross Profit for year 2

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