Given the following X Corps financial information, calculate the missing values in the blanks applying appropriate analysis (Answers must be rounded to the nearest hundredth ) Retail Method Gross Profit Method cost price cost price Cost ratio Profit margin 35 Begin Inv $ 29,000 00 $ 63,000 00 Begin Inv $ 36,000 00 Purchase $ 165,000 00 $ 292,000 00 Purchase $ 8,900 00 GAS $ 194,000 00 $ 355,000 00 GAS $ 44,900 00 CGS Sale $ $ 275,000 00 CGS Sale $ $ 26,000 00 Ending Inv $ $ Ending Inv $

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Question: Given the following X-Corps financial information, calculate the missing values in the blanks applying appropriate analysis. (Answers must be rounded to the nearest hundredth.) Retail

Given the following X-Corp’s financial information, calculate the missing values in the blanks applying appropriate analysis. (Answers must be rounded to the nearest hundredth.)

Retail Method			Gross Profit Method
	@ cost	@ price		@ cost	@ price
Cost ratio	%		Profit margin	35%
Begin Inv.	$ 29,000.00	$ 63,000.00	Begin Inv.	$ 36,000.00
Purchase	$ 165,000.00	$ 292,000.00	Purchase	$ 8,900.00
GAS	$ 194,000.00	$ 355,000.00	GAS	$ 44,900.00
CGS / Sale	$	$ 275,000.00	CGS / Sale	$	$ 26,000.00
Ending Inv	$	$	Ending Inv	$

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