Question: Using the information below, calculate the gross margin % (if necessary, round to the nearest tenth) NL Inc. Income Statement information the period ending 12/31/2021

Using the information below, calculate the gross margin % (if necessary, round to the nearest tenth) NL Inc. Income Statement information the period ending 12/31/2021 Sales - $1,204,535 Cost of Goods Sold = $961,360 $203,816 Selling, general and Admin exp. = $1,369,416 Earning from Operations 79.8% 20.2% 3.3% O 113.7% O None of the above

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