Question: Selected data for Norma's Store appear below. Instructions Compute the following for 2013: (a) Gross profit rate. (b) Inventory turnover. (c) Receivables turnover.

Selected data for Norma's Store appear below.

Selected data for Norma's Store appear below.InstructionsCompute the following for 2013:(a) Gross

Instructions
Compute the following for 2013:
(a) Gross profit rate.
(b) Inventory turnover.
(c) Receivables turnover.

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