Question: Refer to the data given (amounts adapted, in millions): (Click the icon to view the data.) Required 1. Compute all ratio values to answer

Refer to the data given (amounts adapted, in millions): (Click the icon

Refer to the data given (amounts adapted, in millions): (Click the icon to view the data.) Required 1. Compute all ratio values to answer the following questions: " Which company has the highest gross profit percentage? Which company has the lowest? Which company has the highest rate of inventory turnover? Which company has the lowest? 2. Based on your figures, which company appears to be the most profitable? Data table Company Erie Confectionary Garrison Computers Grover Beverages Deliver for $ Net Sales Beginning Inventory Net Purchases Ending Inventory Cost of Goods sold Gross Profit $ 549 $ 32 $ 476 $ 29 $ 479 $ 70 6 62 13 55 31 3 14 2 15 33 1 28 2 27 1566 70 Round your final 11:12 Next

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