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23000 Tune Page 29 of 53 Next Page Question 29 (2 points) The table below present income statement data and some assorted financial ratios for
23000 Tune Page 29 of 53 Next Page Question 29 (2 points) The table below present income statement data and some assorted financial ratios for three different clothing store companies RedRock LLC, Explorer LLC, and GForce LLC. Using this data, what did RedRock LLC report as Gross Profit on its income statement (rounded, if necessary to the nearest dollar? Al income statement figures in dollars Financial Statement on RedRock Caplerer GForce Depreciation 47.300 2100 12:00 Grousses 650.000 311.000 97.000 Operating expenses 45.400 62.000 110.000 Returns and lowances 11.000 8.000 62.000 Tas 12.560 38,760 35 Gross profit margin Current ratio Times interest earned ratio Return on equity Debt ratio SON 18 16 14.4 48.6 25 5. 33.2 78.8% 1) None of the amounts in this list are within $100 of the correct answer. 2) $273.640 3) $203,100 4) $105,800 5) $183,240 Previous Page Next Page Page 29 of 53 MacBook Pro T
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