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Current Attempt in Progress Presented below is information related to Sandhill Corporation for the current...

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Accounting

Current Attempt in Progress
Presented below is information related to Sandhill Corporation for the current year.
Compute the ending inventory, assuming that (a) gross profit is 47% of sales, (b) gross profit is 60% of cost,(c) gross profit is 33% 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 47% of sales
(b) Gross profit is 60% of cost
(c) Gross profit is 33% of sales
(d) Gross profit is 25% of cost
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