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View Policies Current Attempt in Progress The following information pertains to two competitors, Superior Inc and Michigan Corp. Beginning inventory Ending Inventory Cost of Goods

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View Policies Current Attempt in Progress The following information pertains to two competitors, Superior Inc and Michigan Corp. Beginning inventory Ending Inventory Cost of Goods Sold Company Superior Inc Michigan Corp $ 186.000 $ 145,000 $ 1.251.162 $2.257.172 $ 400.000 $ 465,000 Superior Inc. reported sales revenues of $1,602,000, and Michigan Corp. reported sales revenue of $ 3.979,000, Calculate the inventory turnover ratio for Superior and Michigan (Round answers to 1 decimal place, es 10,5) Superior Inc. Michigan Corp times times Inventory turnover ratio e Textbook and Media Show OutOZLOS Question Part Score -40 Calculate the gross margin and gross martin ratio for Superior and Michigan (Round grow margin ratio to 1 decimal places 10.5%) Superior Inc Michigan Corp Gross margin $ Gross marrin ratio eTextbook and Media Question Part Score -/50 On the basis of inventory turnover, which company is moving its inventory faster! moves its inventory faster BLOG 107.30 ptx e Textbook and Media Question Part Score --50 On the basis of inventory turnover which company is moving its inventory faster moves i inventory faster eTextbook and Media -10 Question Part Score Attempts of used SA Sweater Dpto. Los DOT LOBO MacBook Air be CE PIO 7

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