C we must also determine the ending inventory value

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(c) We must also determine the ending inventory value for CherryCherry Company. Use the rearranged cost of goods sold formula to solve for this amount.
(d) Next we must calculate the beginning merchandise inventory for AppleApple Company. We can manipulate the basic cost of goods sold formula to solve for beginning merchandise inventory.
(e) Now use the gross profit formula to calculate gross profit for AppleApple Company.
For PearPear
Company, we need to compute the (f) net cost of purchases and (g) the cost of goods sold. In this situation, we must first determine the cost of goods sold, and then use that information to compute the net cost of purchases. Let's begin by computing the cost of goods sold amount using the rearranged gross profit formula.

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