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Problem 6-10A (Part Level Submission) Suzuki Company lost all of its inventory in a fire on December 26, 2015. The accounting records showed the following
Problem 6-10A (Part Level Submission) Suzuki Company lost all of its inventory in a fire on December 26, 2015. The accounting records showed the following gross profit data for November and December. ember November (to 12/26) 5701,600 35,200 421,600 14,900 9,400 9,700 Net sales $610,732 31,700 392,300 13,200 8,700 8,700 35,200 Beginning inventory Purchase returns and allowances Purchase discounts Freight-in Ending inventory Suzuki is fully insured for fire losses but must prepare a report for the insurance company. Compute the gross profit rate for November. (Round answer to 1 decimal place, e.g. 25.5%.) The gross profit rate for the month of November Attempts: 0 of 5 used The parts of this question must be completed in order. This part will be available when you complete the part above. Inc. or-eased mpbnles, Argts reserved
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