Family home and security inc sells super padlocks it


Question - Family home and security, Inc sells super padlocks. It reported an increase in net sales from 5.0 billion in 2014 to 5.3 billion in 2015, and an increase in gross profit from 1.5 billion in 2014 to 1.7 billion in 2015. Calculate each year's gross profit percentage.

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Accounting Basics: Family home and security inc sells super padlocks it
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