calculate the gross profit ratio and inventory turnover ratio 494512

Sheet3 Sheet2 Sheet1 A B C D E G H Name Section F End of Problem Data Input Section: For year ended June 30, 2009 Sales (domestic) Cost of sales Inventory Output Section: Part a. June 30, 2008 Gross profit ratio Part b. Inventory turnover ratio Part c. Average inventory (amounts in thousands) Formula 1 Formula 2 Formula 3 Formula 4 Formula 5 Formula 6 Type answer starting here June 30, 2011 June 30, 2010 Problem 5-53A Abby’s International Pasta Corporation Reimers, Financial Accounting 3e 5.00 6.00 7.00 8.00 9.00 $416,049.00 $429,813.00 $445,849.00 10.00 $92,488.00 $98,717.00 $110,632.00 11.00 $17,030.00 $16,341.00 $12,659.00 12.00 13.00 14.00 15.00 16.00 17.00 18.00 19.00 20.00 21.00 22.00 23.00 24.00 25.00 26.00 27.00 28.00 29.00 30.00 31.00 32.00 33.00 34.00 Sheet3 Sheet2 Sheet1 A B C D E G H Name Section F End of Problem Data Input Section: For year ended June 30, 2009 Sales (domestic) Cost of sales Inventory Output Section: Part a. June 30, 2008 Gross profit ratio Part b. Inventory turnover ratio Part c. Average inventory (amounts in thousands) Formula 1 Formula 2 Formula 3 Formula 4 Formula 5 Formula 6 Type answer starting here June 30, 2011 June 30, 2010 Problem 5-53A Abby’s International Pasta Corporation Reimers, Financial Accounting 3e 5.00 6.00 7.00 8.00 9.00 $416,049.00 $429,813.00 $445,849.00 10.00 $92,488.00 $98,717.00 $110,632.00 11.00 $17,030.00 $16,341.00 $12,659.00 12.00 13.00 14.00 15.00 16.00 17.00 18.00 19.00 20.00 21.00 22.00 23.00 24.00 25.00 26.00 27.00 28.00 29.00 30.00 31.00 32.00 33.00 34.00 ????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????