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Selected data for Donna's Store appear below. 2020 2019 Net sales $931,000 $505,000 Cost of...

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Accounting

Selected data for Donna's Store appear below. 2020 2019 Net sales $931,000 $505,000 Cost of goods sold 623,770 322,000 Inventory at end of year 85,220 93,000 Accounts receivable at end of year 146,000 120,000 (a) Compute gross profit rate for 2020. Gross profit rate enter the gross profit rate in percentages %

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