154,000 $630,000 $42,008 261,e0 5,000 14,000 18,0006,000 4,300 88,556393,450 28,567 138,510 Sales Sales discounts Sales returns and allowances 600 3,800 700 Cost of goods sold Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. (Round your gross margin ratio to 1 decimal place: Le.; 0.2367 should be entered as 23.7%.) 5:43 Net sales Gross proft Gross margin ratio