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What is driver? gross profit percentage

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Reference no: EM131910144

Driver Company had a $28,000 beginning inventory and a $32,000 ending inventory. Net sales were $153,000?; ?purchases, $83,000?; purchase returns and? allowances, $4,000?; and freight? in, $6,000. Cost of goods sold for the period is $81,000.

What is Driver?'s gross profit percentage? (rounded to the nearest? percentage)?

Reference no: EM131910144

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