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ise Inc. releases the following selectsed financial information for 2017 George Enterpri 016 502,700456,700 450,700357,800 98,100 ,534,780 89,540 Goods Avalable for Sale Cost of Goods

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ise Inc. releases the following selectsed financial information for 2017 George Enterpri 016 502,700456,700 450,700357,800 98,100 ,534,780 89,540 Goods Avalable for Sale Cost of Goods Sold 357,800 5,600 98,500 102,700 $ 35,670 87.120 Show all calculations for the following: (a) Gross Profit Margin in $ and % for 2017 and 2016 12 (b) Profit Margin % for 2017 and 2016 (c) Inventory tunover, and the amount of days it took to purchase and sell the inventories

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