Question: Current Attempt in Progress Presented below is information related to Monty Corporation for the current year. Compute the ending inventory, assuming that (a) gross profit

 Current Attempt in Progress Presented below is information related to Monty

Current Attempt in Progress Presented below is information related to Monty Corporation for the current year. Compute the ending inventory, assuming that (a) gross profit is 46% of sales, (b) gross profit is 60% of cost, (c) gross profit is 36% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answers to 0 decimal places, e.g. 28,987 .)

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