Question: Analysis component: Assume that for the month ended October 3 1 , 2 0 2 3 , net sales were $ 4 8 , 0

Analysis component:
Assume that for the month ended October 31,2023, net sales were $48,000, cost of goods sold was $35,200, and income from operations was $9,900. Calculate the company's gross profit ratios for October and November. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)
\table[[,Gross Profit],[October,],[November,%
 Analysis component: Assume that for the month ended October 31,2023, net

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