Question: please answer as soon as possible Apply concepts from pages 6-1 through 6-4 and page 6-7 of the VLN to answer the following: The company

please answer as soon as possible

Apply concepts from pages 6-1 through 6-4 and page 6-7 of the VLN to answer the following: The company sales were $500,000 they had $10,000 in sales discounts and cost of good sold of $320,000 and operating expenses totaling $120,000. What is the company's gross profit ratio? Carry it out to 1 decimal place. Do not include the % sign in your answer. _%

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