Gross Margin Percentage: Company A: $32,000/$80,000 = 40

Gross margin percentage:
Company A: $32,000/$80,000 = 40%
Company B: $45,000/$180,000 = 25%
Company C: $48,000/$120,000 = 40%
Company D: $40,000/$100,000= 40%
The discount retailer would have a lower gross margin percentage.
-The following information for the year 2016 is taken from the accounts of Tuttle Company.The company uses the periodic inventory method.
Based on this information,the inventory at December 31,2016 is

A) $55,200.
B) $24,400.
C) $38,800.
D) $40,400.