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Use the following to answer questions 2734 Miracle Corporation reports the following amounts in its December 31, 20xF income statement: 27. 5 Determine gross profit:

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Use the following to answer questions 2734 Miracle Corporation reports the following amounts in its December 31, 20xF income statement: 27. 5 Determine gross profit: 28. 5 Determine operating expenses: 29. 3 Defermite income before income taxes (iT): 30. : Determine net income: 31. 6. Calculate gross profit ratio (one decimal place) 32. _- _ - Calculate the profit margin (two decimal places) 33. Calculate Earnings per Share (rounded to two decimal places) 34. I ending inventory consisted of $45,000 and beginning inventory was $36,000 how much inventory was purchased during the year

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