Computing cost of goods sold and gross margin Following are financial figures for five companies. Compute net purchases, cost of goods available for sale, cost of goods sold, gross margin, and the gross margin ratio.

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Company a Company b Company c Company d Company e Beginning inventory 50,000 75.000 18.000 25,000 117,000 Ending inventory 42,000 98,000 16.000 28.000 120,000 Purchases 143,000 177,000 86,000 110,000 263.000 Purchase discounts 18,000 23,000 16,000 0 24,000 Purchase returns 16,000 12.000 7,000 8,000 12,000 Net sales 200,000 188,000 119,000 152,000 313,000