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Question 6 of 8 -/13 Current Attempt in Progress Presented below is information related to Buffalo Corporation for the current year. Beginning inventory Purchases Total

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Question 6 of 8 -/13 Current Attempt in Progress Presented below is information related to Buffalo Corporation for the current year. Beginning inventory Purchases Total goods available for sale Sales revenue $ 600,400 1,490,900 $2,091,300 2,465,000 Compute the ending inventory, assuming that (a) gross profit is 42% of sales, (b) gross profit is 60% of cost, (c) gross profit is 32% 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 o decimal places, e.g. 28,987.) Ending Inventory (a) Gross profit is 42% of sales $ (b) Gross profit is 60% of cost $ (c) Gross profit is 32% of sales $ (d) Gross profit is 25% of cost $ e Textbook and Media w 16

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