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Presented below is information related to Aaron Rodgers Corporation for the current year. Beginning inventory Purchases Total goods available for sale Sales revenue $600,000

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Presented below is information related to Aaron Rodgers Corporation for the current year. Beginning inventory Purchases Total goods available for sale Sales revenue $600,000 1,500,000 $2,100,000 2,500,000 Compute the ending inventory, assuming that (a) gross profit is 45% of sales, (b) gross profit is 60% of cost, (c) gross profit is 35% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, eg. 78.7% and final answers to O decimal places, eg. 28,987.) Ending Inventory (a) Gross profit is 45% of sales $ (b) Gross profit is 60% of cost $ (c) Gross profit is 35% of sales $ (d) Gross profit is 25% of cost $

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