(Learning Objective 4: Measuring profi tability) Refer to the data in Exercise 6-22A. Compute all ratio values...

Question:

(Learning Objective 4: Measuring profi tability) Refer to the data in Exercise 6-22A.

Compute all ratio values to answer the following questions:

■ Which company has the highest, and which company has the lowest, gross profi t percentage?

■ Which company has the highest, and the lowest rate of inventory turnover?

Based on your fi gures, which company appears to be the most profi table?

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