2 of 15 < > Cullumber Enterprises reported the following information for 2014: Beginning inventory $33.920 Cost of goods sold 428.240 Ending inventory 47,700 Net income 28,620 Net sales 795,000 Operating expenses 233,200 810,900 6 -/2 1 Qu Qui Alt View Au Ques Au Ques Accoun Sales revenue Compute each of the following ratios: (Round answers to 1 decimal place, eg. 52.7.Use 365 days for calculation) Quest Aroun Questi Au (1) Gross profit rate % (2) Inventory turnover (3) Days in inventory times days (4) Profit margin % Questi Question Accounting