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Mercer, Inc  Net Sales Revenue 602,000 Cost of Goods Sold 380,000\begin{array} { | l | l | } \hline \text { Net Sales Revenue } & 602,000 \\\hline \text { Cost of Goods Sold } & 380,000 \\\hline\end{array}

question 42

Multiple Choice

Mercer, Inc. provides the following data for 2019:  Net Sales Revenue 602,000 Cost of Goods Sold 380,000\begin{array} { | l | l | } \hline \text { Net Sales Revenue } & 602,000 \\\hline \text { Cost of Goods Sold } & 380,000 \\\hline\end{array} The gross profit as a percentage of net sales is ________. (Round your answer to two decimal places.)


Definitions:

Support Personnel

Staff members who provide technical, administrative, or logistical support within an organization.

Associate Lawyers

Lawyers working at a law firm who are not partners but are employed to perform legal work and may aspire to become partners.

Receptionists

Front office workers who manage the greeting of visitors, handling calls, and other administrative duties.

Support Personnel

Employees who provide various forms of assistance and logistical support in a workplace, not directly involved in core business operations.

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