A company shows the following balances: 
What is the gross profit rate?
Definitions:
Capital Budgeting
Capital budgeting is the process by which companies evaluate and prioritize investments in long-term assets and projects based on potential returns and strategic goals.
Long-Term Investments
Investments held for an extended period, typically exceeding one year, intended for growth, income, or both.
Planning
The process of setting goals, establishing strategies, and outlining tasks and schedules to achieve these goals.
Managing
The process of administering and overseeing a project, team, or business to achieve specific objectives.
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