Spirit Companymade sales of$43,700 million during 2014 Cost of goods sold for the year totaled$17,48

Spirit Companymade sales of$43,700 million during 2014 Cost of goods sold for the year totaled$17,48

Spirit Companymade sales of$43,700 million during 2014 Cost of goods sold for the year totaled$17,480million At the end of 2013?,Spirit?’s inventory stood at$1,800 ?million, andSpirit ended 2014 with inventory of$2,000 million

ComputeSpirit?’s gross profit percentage and rate of inventory turnover for 2014

Begin by computingSpirit?’s gross profit percentage for 2014?(Round your answer to the nearest tenth of a? percent, XX%)

Spirits gross profit percentage for 2014 is ______%

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