Question: Your answer is incorrect. Try again. Presented below is information related to Flint Corporation for the current year. Beginning inventory Purchases Total goods available for

 Your answer is incorrect. Try again. Presented below is information related

Your answer is incorrect. Try again. Presented below is information related to Flint Corporation for the current year. Beginning inventory Purchases Total goods available for sale Sales revenue $607,100 1,484,500 $2,091,600 2,530,000 and a s 25% of cost. Compute the ending inventory, assuming that a) gross profit is 49% of sales. (b) gross profit is 50 cost de gross profit is 37% of sa (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answers to 0 decimal places, eg. 28,98.) ross p o Ending Inventory (a) (b) (c) (d) Gross profit is 49% of sales Gross profit is 60% of cost Gross profit is 37% of sales Gross profit is 25% of cost 801100 1079600 1497100 194100

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