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Dimension Lighting Corp  Net Sales $27,250 Cost of Goods Sold 19,600 Gross Profit $7,650\begin{array} { l r } \text { Net Sales } & \$ 27,250 \\\text { Cost of Goods Sold } & 19,600 \\\text { Gross Profit } & \$ 7,650\end{array}

question 70

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Dimension Lighting Corp.has the following data at its fiscal year-end: ??
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 Net Sales $27,250 Cost of Goods Sold 19,600 Gross Profit $7,650\begin{array} { l r } \text { Net Sales } & \$ 27,250 \\\text { Cost of Goods Sold } & 19,600 \\\text { Gross Profit } & \$ 7,650\end{array} Determine Dimension Lighting's gross profit ration.
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