Ziehart Pharmaceuticals reported Net Sales of $$186,000$ and Cost of Goods Sold of $$62,000.$ Candy Electronics Corporation reported Net Sales of $$44,000$ and Cost of Goods Sold of $$32,600.$

Required:

Calculate the gross profit percentage for both companies. $($Round your answers to $1$ decimal place.$)$

Which company has a greater proportion of its sales available to cover expenses other than cost of goods sold?

eBook

Complete this question by entering your answers in the tabs below.

Print

Required $2$

Calculate the gross profit percentage for both companies. $($Round your answers to $1$ decimal place.$)$

$\backslash$table$[[,$Gross Profit$],[$Ziehart Pharmaceuticals,$\%$