Question: What is the gross margin percentage based on data below? Round to two decimals, if necessary Revenue $ 769,500 Discounts and allowances $53,500 Cost of

What is the gross margin percentage based on data below? Round to two decimals, if necessary Revenue $ 769,500 Discounts and allowances $53,500 Cost of goods sold $425,300 Operating expenses $155,000 40.60% O 55.2796 59.40% 37.78% O 35.03%

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