Compute the gross profit percentage
Course:- Accounting Basics
Reference No.:- EM131810872

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Question - Crazy Cookies earned net sales revenue of $66,000,000 in 2016. Cost of goods sold was $42,240,000, and net income 7,000,000, the company's highest ever. Compute the company's gross profit percentage for 2016.

Compute the gross profit percentage for 2016.

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