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