Question: Please include calculations in the cell or in calculation area. Whoville Gravel Pitt Company has sales of $442,000 and cost of goods sold of $243,000.

Please include calculations in the cell or in calculation area. Whoville Gravel Pitt Company has sales of $442,000 and cost of goods sold of $243,000. a. What is the gross profit margin? (1 mark) Gross Profit Margin: b. If the average firm in the gravel industry has a gross profit margin of 38 percent, how is this firm doing? (2 marks)

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