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A consumer products company reported a 25 percent increase in sales from last year to...

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Accounting

A consumer products company reported a 25 percent increase in sales from last year to this year. Sales last year were $180,000. This year, the company reported Cost of Goods Sold in the amount of $135,450. What was the gross profit percentage this year?

Gross Profit Percentage
Numerator = =
Denominator

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