Question: Refer to the data in Exercise 6-22A. Compute all ratio values to answer the following questions: Which company has the highest, and which company has

Refer to the data in Exercise 6-22A. Compute all ratio values to answer the following questions:
Which company has the highest, and which company has the lowest, gross profit percentage?
Which company has the highest, and which has the lowest, rate of inventory turnover?
Based on your figures, which company appears to be the most profitable?

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