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Exercise 6-14 a1-a3 (Part Level Submission) This information is available for Abdullahs Photo Corporation for 2018, 2019, and 2020. Calculate gross profit rate for Abdullahs

Exercise 6-14 a1-a3 (Part Level Submission)

This information is available for Abdullahs Photo Corporation for 2018, 2019, and 2020.

Calculate gross profit rate for Abdullahs Photo Corporation for 2018, 2019, and 2020. (Round answers to 0 decimal places, e.g. 125%.) image text in transcribed image text in transcribed

Exercise 6-14 al-a3 (Part Level Submission) This information is available for Abdullah's Photo Corporation for 2018, 2019, and 2020. 2018 2019 2020 ASSIGNMENT RESOURCES CHAPTER 6 Homework - F20 Question 05 Question 09 a-b Question 10 Question 24 Brief Exercise 6-01 Brief Exercise 6-08 Exercise 6-14 al-a3 (Part Level Submission) x Exercise 6-19 a-b (Part Level Submission) Problem 6-02A a, bl- b2, c (Part Level Submission)_(Video) Problem 6-03A a, b1- b2, c (Part Level Submission)_(Video) Beginning inventory Ending inventory Cost of goods sold 100,000 $300,000 $ 400,000 300,000 400,000 480,000 900,000 1,152,000 1,300,000 1,200,000 1,600,000 1,900,000 Sales revenue (1) Your answer is correct. Calculate inventory turnover for Abdullah's Photo Corporation for 2018, 2019, and 2020. (Round answers to 2 decimal places, e.g. 1.52.) 2018 2019 2020 Review Score Review Results by Study Objective Inventory turnover 4.5 3.29 2.95 SHOW SOLUTION LINK TO TEXT By accessing this question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 1 of 3 used (a2) Your answer is correct. Calculate days in inventory for Abdullah's Photo Corporation for 2018, 2019, and 2020. (Round answers to 1 decimal place, e.g. 1.5. Use 365 days for calculation.) 2018 2019 2020 Days in inventory 81.1 days 110.9 days 123.7 days SHOW SOLUTION LINK TO TEV (a3) * Your answer is incorrect. Try again. Calculate gross profit rate for Abdullah's Photo Corporation for 2018, 2019, and 2020. (Round answers to 0 decimal places, e.g. 125%.) 2018 2019 2020 X Gross profit rate 0.3 J% 30 J% 30 J% SHOW SOLUTION LINK TO TEXT

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