(e) As it turns out, total sales for the year were $1,133,000. What...

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Accounting

(e)
As it turns out, total sales for the year were $1,133,000. What is the amount of this year's gross margin percentage? (Round gross
margin percentage to 1 decimal place, e.g.15.2%.)
Gross margin percentage
%
Would Edward be excited about this year's gross margin percentage?
What trend in sales might the company expect next year as a result of this year's catering contract?
in sales
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