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not sure if first 2 steps are complete and need help finishing the last one thank you :) Answer is not complete. Choose the appropriate
not sure if first 2 steps are complete and need help finishing the last one
Answer is not complete. Choose the appropriate accounts to complete the company's income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. sneet. ine unadjusted, adjusted, or post-ciosing baiances wil appear ror eacn account, pased on your seiection. Unadjusted Answer is not complete. Analyze how well Big Blast Fireworks manages its inventory. (Enter your inventory turnover ratio and gross profit ratio values to one Analyze how well Big Blast Fireworks' manages its inventory: (a) Calculate the inventory tumover ratio for the month of January. If the industry average of the inventory turnover ratio for the month of January is 19.3 . times. is the company managing its inventory more or less efficiently than other companies in the same industry? (b) Calculate the gross profi ratio for the month of January. It the industry average gross profit ratio is 31%, is the company more or less profitable per dellar of saies than other companies in the same industry? (o) Used togethec, what might the inventory tumover rato and gross proft ratio suggest about Big Blast Fireworks' business strategy? is the companys stritegy to sell a higher volurne of less expensive items or does the company appear to be selling a lower volume of more expensive items thank you :)
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