Maguire Landscape Supply\'s selected accounts as of December 31, 2018 follow. EE

Question

Maguire Landscape Supply's selected accounts as of December 31, 2018 follow. EEB (Click the icon to view the accounts and balances.) Compute the gross profit percentage for 2018 Begin by select the formula labels to compute the gross profit percentage, then enter the amounts and compute the gross profit percentage. (Round your answer to the nearest tenth of a percent, XX%.) Gross profit % - Data Table Selling Expenses Interest Revenue Net Sales Revenue Cost of Goods Sold Administraive Expense 13,300 1,500 135,000 17,000 9,900 nt Done

Explanation / Answer

Gross profit percentage :

Gross profit / Sales revenue = Gross profit percentage 18000 / 135000 = 13.3%

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