Carrier Lennox Trane Sales $ 150,000 $550,000 $ 38,700 Sales discounts 5,000 17,500 600 Sales returns and allowances Cost of goods sold 20,000 79,750 6,000. 329,589 5,100 24,453 York $ 255,700 4,800 900 126,500 (a) Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies. (b) Which company has the better gross margin ratio? Complete this question by entering your answers in the tabs below. Required A Required B Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies. Note: Round your gross margin ratio to 1 decimal place, i.e., 0.2367 should be entered as 23.7%. Net sales Gross profit Gross margin ratio Carrier Lennox Trane York