Question: Question 1 (5 marks) Based on the following data, calculate the company's gross profit percentage. Wireless Monitor Company sold the following during the period: *

Question 1 (5 marks) Based on the following data, calculate the

Question 1 (5 marks) Based on the following data, calculate the company's gross profit percentage. Wireless Monitor Company sold the following during the period: * two higher end monitors for $400 each (recorded in inventory at $300 each) * various base level monitors for $2,000, less a 2% sales discount (recorded in inventory at $1,500 ) During the month, one of the higher end monitors was returned

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