Question: AssignmentSessionLocator bonprogressa false Book Calculator ief Exercise 6-38 ventory Analysis allahan Company reported the following information for the current year: Het sales revenue $280,000 Cost

AssignmentSessionLocator bonprogressa false Book Calculator ief Exercise 6-38 ventory Analysis allahan Company reported the following information for the current year: Het sales revenue $280,000 Cost of goods sold 120,000 Beginning inventory 5,000 Ending inventory 10,000 Required: Compute Callahan's (a) gross profit ratio, (b) inventory turnover ratio, and (c) average days to sell inventory. (Round all answers to two decimal place (a) Gross profit ratio (b) Inventory turnover ratio days (c) Average days to sell inventory

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