Carrier Lennox Trane York Sales $ 150,000 $ 550,000 Sales discounts 5,000 17,500 Sales returns and allowances 20,000 Cost of goods sold 79,750 6,000 329,589 $ 38,700 $ 255,700 600 4,800 5,100 24,453 900 126,500 (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. (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 $ 125,000 $ Lennox 526,500 $ Trane York 33,000 $ 250,000