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Business, 19.03.2020 20:00 tmmackie9261

Sellall Department Stores reported the following amounts in its adjusted trial balance prepared as of its December 31 year-end: Administrative Expenses, $2,100; Cost of Goods Sold, $30,400; Income Tax Expense, $2,800; Interest Expense, $3,300; Interest Revenue, $370; General Expenses, $2,300; Net Sales Revenue, $47,500; and Delivery (freight-out) Expense, $470. Calculate the gross profit percentage.

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