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My Blackboard Content-blackhoe UM Dartmouth QuickLaunchmyass Take Test: Final Exam - ACT 211-71. TRANSACTION ANALYSIS Remaini
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Answer #1

Solution 41:

Gross profit percentage = Gross profit / Sales revenue = (Sales revenue - COGS) / Sales revenue

= ($50,000 - $33,000) / $50,000 = 34%

Hence option B is correct.

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