E6-24A (similar to) Question Help Refer to the data given. (Click the icon to view the data.) Read the requirements. Requirement 1. 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? Let's calculate the gross profit percentage and inventory turnover for each company. (Round the inventory turnover rates to one decimal place, X.X, and the gross profit percentage to the nearest tenth percent, X.X%.) Gross Profit Inventory Reference Company Percentage Turnover Lane % Gross Hults % % Company Profit Dunleavy Rosen Lane % Beginning Net Ending Cost of Net Sales Inventory Purchases Inventory Goods sold $ 108,000 $ 24,000 $ 59,000 $ 19,000 $ 64,000 $ 133,000 29,000 97,000 32,000 94,000 98,000 34,000 54,000 26,000 62,000 84,000 11,000 34,000 7,000 38,000 44,000 39,000 Hults Enter any number in the edit fields and then click Check Answer. Dunleavy 36,000 Rosen 46,000 parts remaining