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CALCULATOR PRINTER VERSION BAC Question 1 Presented below is information related to Carla Corporation for the current year. Beginning inventory Purchases Total goods available for
CALCULATOR PRINTER VERSION BAC Question 1 Presented below is information related to Carla Corporation for the current year. Beginning inventory Purchases Total goods available for sale Sales revenue $606,200 1,520,700 2,126,900 2,505,000 Compute the ending inventory, assuming that a gross profit s 49% of sales, b) gross p fit s 60% of cost, c gross profit is 32% of sa es, and d gross profit s 25% o cost (Round ratios for computational purposes to 1 decimal place, eg, 78.7% and final answers to 0 decimal places, e.g. 28,987.) Ending Inventory (a) Gross profit is 49% ofsales (b) Gross profit is 60% of cost (c) Gross profit is 32% of sales (d) Gross profit is 25% of cost
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