Last month, korey’s comics had $4,350 in net sales with a gross profit of $3,320 and a net income of $1,850. calculate korey’s gross profit margin. a. 42.5% b. 55.7% c. 76.3% d. 179.5%

The gross profit margin is calculated by dividing the gross profit by the net sales and multiplying the quotient by 100%. that is,
                              gross profit margin = (3,320 / 4,350) x 100% = 76.32%
thus, the answer is letter c. 

the answer is a. 42.5% i just took the quiz and got it wrong when i put c

step-by-step explanation:

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