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Financial Information Is Presented Below  Operating Expenses 45,000 Net Sales 150,000 Cost of Goods Sold 77,000\begin{array}{lr}\text { Operating Expenses } &€ 45,000 \\\text { Net Sales } & 150,000 \\\text { Cost of Goods Sold } & 77,000\end{array}

question 96

Multiple Choice

Financial information is presented below.
 Operating Expenses 45,000 Net Sales 150,000 Cost of Goods Sold 77,000\begin{array}{lr}\text { Operating Expenses } &€ 45,000 \\\text { Net Sales } & 150,000 \\\text { Cost of Goods Sold } & 77,000\end{array}

The gross profit rate would be

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