Question: Your answer is partially correct. Try again. Presented below is information related to Tamarisk Corporation for the current year Beginning inventory $590,300 Purchases 1,472,500 Total

 Your answer is partially correct. Try again. Presented below is information

Your answer is partially correct. Try again. Presented below is information related to Tamarisk Corporation for the current year Beginning inventory $590,300 Purchases 1,472,500 Total goods available for sale Sales revenue $2,062,800 2,455,000 Compute the ending inventory, assuming that (a) gross profit is 46% of sales, (b) gross profit is 60% of cost, (c) gross profit is 36 % of sales, and (d) gross profit is 25 % of cost. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answers to 0 decimal places, e.g. 28,987.) Ending Inventory (a) Gross profit is 46% of sales 737100 (b) Gross profit is 60 % of cost 489836 (c) Gross profit is 36 % of sales 581600 (d) Gross profit is 25 % of cost x

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