6 E6-24A (book/static) Refer to the data given. (Click the icon to view the Sata.) Read the requirements. Requirement 1. Compute all ratio values to answer the following questions: Which company has the highest and which company has the lowest gross profit percentage? Which company has the highest and which has the lowest rate of inventory turnover? Let's calculate the gross profit percentage and inventory turnover for each company. (Round the inventory turnove Company Gross Profit Percentage Inventory Turnover A Reference Sutherland % Crossen % Williams % B Scott % Net Sales Ir Company Sutherland $ Crossen Williams 100,000 $ 125,000 96,000 88,000 Scott Enter any number in the edit fields and then click Check Answer 3 parts remaining questions: lowest gross profit percentage? e of inventory turnover? for each company. (Round the inventory turnover rates to one decimal place, X.X, and the gross profit percentage to the nearest tenth per i Reference Gross Profit Company Sutherland 37,000 Beginning Net Ending Cost of Net Sales Inventory Purchases Inventory Goods sold $ 100,000 $ 20,000 $ 59,000 $ 16,000 $ 63,000 $ 125,000 28,000 90,000 45,000 73,000 96,000 28,000 52,000 20,000 60,000 88,000 7,000 29,000 3,000 33,000 Crossen Williams 52,000 36,000 55,000 Scott Print Done swer. Clear All questions: lowest gross profit percentage? ate of infren Requirements r for each c - X prcentage to the neares 1. Compute all ratio values to answer the following questions: Which company has the highest and which company has the lowest gross profit percentage Which company has the highest and which has the lowest rate of inventory turnover? 2. Based on your figures, which company appears to be the most profitable? Print Done 6 of 10 (4 omplete Score: 0 of 3 pts E6-24A (book/static) Refer to the data given (Click the icon to view the data) Read the funnement Requirement 1. Compute all ratio values to answer the following questions: Which company has the highest and which company has the lowest gross profit percentage? Which company has the highest and which has the lowest rate of inventory turnover? Let's calculate the gross profit percentage and inventory turnover for each company (Round the inventory turnover rates to one decimal place, XX, and the gross pro Gross Profit Inventory Company Percentage Turnover Sutherland % Crossen % Williams Scott % %