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Please include answers in bold E6-24A (similar to) Refer to the data given (Click the icon to view the data Read the requirements Requirement 1.
Please include answers in bold
E6-24A (similar to) Refer to the data given (Click the icon to view the data Read the requirements Requirement 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? . Let's calculate the gross profit percentage and inventory turnover for each company (Round the inventory tumover rates to one decimal place, XX, and the gross profit percentage to the nearest fenth percent, X.X%) Gross Profit Percentage Inventory Turnover Company Reference N Dunn 37.9 Evans 30 90 Liard 06 Paulus % Gross Company Profit Dunn Beginning Net Ending Cost of Net Sales Inventory Purchases Inventory Goods sold $ 109,000 $ 22 000 $ 61,000 S 16,000 $ 67 000 $ 130,000 30.000 89.000 28.000 91,000 98 000 34 000 54,000 20.000 68.000 88.000 11 000 29,000 71000 33 000 41000 Evans 39,000 Llard 30,000 Paulus 55,000 Print Done Enter any number in the edit fields and then click Check Answer 3 parts Waiting for modernongStep by Step Solution
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