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165,000 $850,000 $53,000 $272,000 4,900 1,800 95,760 507,892 36,190 129,997 ed Sales 600 Sales discounts Sales returns and allowances Cost of goods sold 4,000 17,000

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165,000 $850,000 $53,000 $272,000 4,900 1,800 95,760 507,892 36,190 129,997 ed Sales 600 Sales discounts Sales returns and allowances Cost of goods sold 4,000 17,000 19,500 6,000 5,400 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; i.e.; 0.2367 should be entered as 23.7%.)

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