Assume Juniper Natural Dyes made Net Sales Revenue of $90,000 and Cost of Goods Sold totaled $58,000. What was Juniper Natural Dyes gross profit percentage for this period? Round your answer to the nearest whole percent. a. 36% b. 3.4% c. 64% d. 17%

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Assume Juniper Natural Dyes made Net Sales
Revenue of $90,000 and Cost of Goods Sold
totaled $58,000.
What was Juniper Natural Dyes gross profit
percentage for this period? Round your
answer to the nearest whole percent.
a. 36%
b. 3.4%
c. 64%
d. 17%
Transcribed Image Text:Assume Juniper Natural Dyes made Net Sales Revenue of $90,000 and Cost of Goods Sold totaled $58,000. What was Juniper Natural Dyes gross profit percentage for this period? Round your answer to the nearest whole percent. a. 36% b. 3.4% c. 64% d. 17%
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