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Refer to the data given. (Click the icon to view the data.) Res 4 the...

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Accounting

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Refer to the data given. (Click the icon to view the data.) Res 4 the requirements. Requirement 1. Compute all ratio values to answer the following questions: - Which company has the highest and which company has the lowest gross profit percentage? - Which company has the highest and which has the lowest rate of inventory turnover? Let's calculate the gross profit percentage and inventory furnover for each company. (Ruund the inventory turnover rates to one decimal place, X.X, and the gross profit percentage to the nearest tenth percent, X.X\%. Do not enter the \% sign in the gross profit percentage input fields.) Reference Requirements 1. Compute all ratio values to answer the following questions: - Which company has the highest and which company has the lowest gross profit percentage? - Which company has the highest and which has the lowest rate of inventory turnover? 2. Based on your figures, which company appears to be the most profitable

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