mpute all ratio values to answer the following questions: has the highest and which company has the lowest gross profit percentage? has tip gross i Reference Ixx, eares G P Company Sutherland Crossen Beginning Net Ending Cost of Gross Net Sales Inventory Purchases Inventory Goods sold Profit $ 100,000 $ 20,000 $ 59,000 $ 16,000 $ 63,000 $ 37,000 125,000 28,000 90,000 45,000 73,000 52,000 96,000 28,000 52,000 20,000 60,000 36,000 88,000 7,000 29,000 3,000 33,000 55,000 Williams Scott as the she hig Print Done the lowborgron property as the highest and which has the lowest rate of inventory turnover? Requirement 1. Computer all ratio values to answer the following questions: Which company has the highest and which company has the lowest groms profit percentage? Which company has the highest and which has the lowest rate of inventory tumover? Let's calculate the gross profit percentage and inventory turnover for each company. (Round the inventory turnover rates to one decimal plic. XX, and the gross proft percentage to the nearest tenth percent, X.X%) Gross Profit Inventory Company Percentage Turnover Sutherland Crossen % Williams Scott Which company has the highest and which company has the lowest grous profit percentage? has the highest gross profit percentage 90 has the lowest gross profit percentage Which company has the highest and which company has the lowest gross profit percentage? has the highest gross profit percentage. has the lowest gross profit percentage. Which company has the highest and which has the lowest rate of inventory turnover? has the highest rate of inventory turnover. has the lowest rate of inventory tumover. Requirement 2. Based on your figures, which company appears to be the most profitable? This ratio data suggests that is the most profitable company