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Category Prior year Current Accounts payable 41.400 45.000 Accounts receivable 115,200 122.400 Accruals 16.200 13.500...

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Category Prior year Current Accounts payable 41.400 45.000 Accounts receivable 115,200 122.400 Accruals 16.200 13.500 Additional paid in capital 200,000 216.660 Cash 222 277 Common Stock par value 37,600 42.000 COGS 131.400 170,079.00 Depreciation expense 21,600 23,881.00 Interest expense 16.200 16,895.00 Inventories 111.600 115.200 Long-term debt 135,000 137.908.00 Not fixed assets 377.918.00 399,500 Notes payable 59.400 64 800 Operating expenses (excl. depr.) 50,400 62.687.00 Retained earnings 122.400 136.800 Sales 255,600 338.858.00 Taxes 9.900 18.624.00 What is the firm's gross profit margin for the current year? Submit Answer format: Percentage Round to: 2 decimal places Eample 9.24%, sign required. Will accept decimal format rounded to decimal places lex 0.0924

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