ments. i Reference Compute any has the any has the XX, and the groe the gross pl. age to the ne Company Sutherland Crossen Williams Scott 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 Gross Profit 37,000 52,000 36,000 55,000 ny Pe and en Print Done number in the Check Answer Clear All ining Tch . ead the requirements. 0 Requirements Requirement 1. Compute all ratio vall . Which company has the highest ar Which company has the highestar Let's calculate the gross profit percent profit percentage to the nearest tenth 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? Gross Profit Percentage Company Print Done Sutherland Crossen Enter any number in the edit fields and then click Check Answer Clear All 3 parts remaining ' obsen. 9 here to search Assignments Refer to the data given Cick the icon to view the data) Do Homework Read the remonts Take a Quiz/Test Requirement 1. Computer alio values to answer the folowing 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 lumover? ple, XX, and the gross Let's calculate the gross profit percentage and inventory turnover for each company. (Round the inventory tumover rates to one com profit percentage to the news on percent X.X .) Gross Profit Percentage Inventory Tumover Company Sutherland Crossen Check Anwar Type here to search i 2 3 4 5 6 7 8 9 'O * veckoosi WERTY UOPI A S D F G H I J K L E6-24A (book/static) Question Help Assignments Refer to the data given Click the icon to view the data) Do Homework Read the routements Which company has the highest and which has the lowest rate of inventory tumover Take a Quiz/Test Lors calculate the gross peolt percentage and inventory turnover for each company (Round the inventory turnover rates on decimal place, XX, and the gross profit percentage to the rest onth percent XX) Gross Profit Inventory Percentage Sutherland Crossen Ws in the edin fields and then chok Chec Check Answer Type here to search OM l's 2 *3 4 *5 6 7 8 9 0 QWERTY U TOP un ASDF G H J K L M N