Question: Selected financial statement data from Western Colorado Stores is shown below et sales Cost of goods sold Operating pees Inventory 2921 75,000,000 700.000 720,000 122.000

Selected financial statement data from Western Colorado Stores is shown below et sales Cost of goods sold Operating pees Inventory 2921 75,000,000 700.000 720,000 122.000 182,000 107.000 ace Required: 1. Compute the gross profitrio for 2021. Round your "Percentage answer to two decimal places le 01234 should be entered as 12.343 2. Compute the inventory tumover ratio for 2021 (Round your answer to two decimal places Grosso 2 vorum

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