Mercer, Inc. provides the following data for 2026:
Net Sales Revenue
591 comma 000591,000
Cost of Goods Sold
370 comma 000370,000
The gross profit as a percentage of net sales is ________ (round final answer to two decimal places).
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Part 1
A.
62.6162.61%
B.
35.3635.36%
C.
37.3937.39%
D.
38.9238.92%