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Financial information is presented below: Operating expenses $ 36000 Sales revenue 181000 Cost of goods sold 125000 The profit margin ratio would be 0.69. 0.11. 0.31. 0.89. Financial information is presented below: Operating expenses $ 32000 Sales returns and allowances 6000 Sales discounts 4000 Sales revenue 154000 Cost of goods sold 90000 The gross profit rate would be 0.62. 0.35. 0.42. 0.38. Financial information is presented below: Operating expenses $ 51000 Sales returns and allowances 4000 Sales discounts 7000 Sales revenue 188000 Cost of goods sold 99000 Gross Profit would be $78000. $89000. $93000. $85000. The following information was available for Blue Spruce Corp. at December 31, 2017: beginning inventory $95000; ending inventory $146000; cost of goods sold $624000; and sales $816000. Blue inventory turnover ratio (rounded) in 2017 was 6.8 times. 6.6 times. 5.2 times. 4.3 times. The following information was available for Blue Spruce Corp. at December 31, 2017: beginning inventory $95000; ending inventory $146000; cost of goods sold $624000; and sales $816000. Blue inventory turnover ratio (rounded) in 2017 was 6.8 times. 6.6 times. 5.2 times. 4.3 times. The following information was available for Concord Corporation at December 31, 2017: beginning inventory $79000; ending inventory $148000; cost of goods sold $676000; and sales $984000. Concord days in inventory (rounded) in 2017 was 60.8 days. 42.0 days. 79.3 days. 42.4 days.

Financial information is presented below:

Operating expenses $ 36000
Sales revenue 181000
Cost of goods sold 125000

The profit margin ratio would be

0.69.

 

0.11.

 

0.31.

 

0.89.  
 

Financial information is presented below:

Operating expenses $ 32000
Sales returns and allowances 6000
Sales discounts 4000
Sales revenue 154000
Cost of goods sold 90000


The gross profit rate would be

 

0.62.

 

0.35.

 

0.42.

 

0.38.

 

 

 

 

 

 

 

 

 

 

Financial information is presented below:

Operating expenses $ 51000
Sales returns and allowances 4000
Sales discounts 7000
Sales revenue 188000
Cost of goods sold 99000


Gross Profit would be

 

$78000.

 

$89000.
   

 

$93000.

 

$85000.
 

 

 
   
The following information was available for Blue Spruce Corp. at December 31, 2017: beginning inventory $95000; ending inventory $146000; cost of goods sold $624000; and sales $816000. Blue inventory turnover ratio (rounded) in 2017 was

 

6.8 times.

 

6.6 times.

 

5.2 times.

 

4.3 times.

 

 

 

 

 

The following information was available for Blue Spruce Corp. at December 31, 2017: beginning inventory $95000; ending inventory $146000; cost of goods sold $624000; and sales $816000. Blue inventory turnover ratio (rounded) in 2017 was

 

6.8 times.

 

6.6 times.

 

5.2 times.

 

4.3 times.

 

The following information was available for Concord Corporation at December 31, 2017: beginning inventory $79000; ending inventory $148000; cost of goods sold $676000; and sales $984000. Concord days in inventory (rounded) in 2017 was

 

60.8 days.

 

42.0 days.

 

79.3 days.

 

42.4 days.

 

 

 

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