Question: Please explain how you get your answer as well, I understand that the equation I need to use is Gross Profit % = (Gross Profit

 Please explain how you get your answer as well, I understand

Please explain how you get your answer as well, I understand that the equation I need to use is Gross Profit % = (Gross Profit on sales)/(Net Sales) I just don't understand how to do this problem

QUESTION 1 incorrect Mark 0.00 out of 1.00 P Flag question Gross Profit Percentage Using the data below, compute Dino's gross profit percentage for the month of January Net Sales $17,000 Cost of goods sold 6,000 Operating expenses 4,000 Other income 1,500 Income tax expense 2,200 Round answer to the nearest whole percentage. 68 X% Check

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