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Presented below is information related to Crane Corporation for the current year. $609,000 1,489,500 Beginning inventory Purchases Total goods available for sale Sales revenue $2.098,500
Presented below is information related to Crane Corporation for the current year. $609,000 1,489,500 Beginning inventory Purchases Total goods available for sale Sales revenue $2.098,500 2.535.000 Compute the ending inventory, assuming that (a) gross profit is 43% of sales, (b) gross profit is gross profit is 33% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answers to decimal places, e.g. 28,987.) Ending Inventory 653550 (a) Gross profit is 43% of sales $ (b) Gross profit is 60% of cost $ (c) Gross profit is 33% of sales $ 1698785 (d) Gross profit is 25% of cost $ 2028000 eTextbook and Media Orte M 36% A S 422 PM ENG /15/2020
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