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Montreal Electronics Has the Following Data Available What Is the Gross Profit Rate for Montreal Electronics in 2X12\\
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question 110

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Montreal Electronics has the following data available: 2X132X12 Sales $999$800 Cost of Goods Sold $399$336 Gross Profit $600$464\begin{array}{lll}& 2X13 & 2X12\\\text { Sales } & \$ 999 & \$ 800 \\\text { Cost of Goods Sold } & \$ 399 & \$ 336\\\text { Gross Profit }&\$ 600&\$ 464\end{array}
What is the gross profit rate for Montreal Electronics in 2X13? Has the gross profit rate improved or not improved since 2X12?


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