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Carrier Lennox Trane York Sales Sales discounts $ 158,000 $710,000 $ 46,000 $ 265,000 5,000 16,000 600 4,200 Sales returns and allowances 16,000 6,000
Carrier Lennox Trane York Sales Sales discounts $ 158,000 $710,000 $ 46,000 $ 265,000 5,000 16,000 600 4,200 Sales returns and allowances 16,000 6,000 4,700 Cost of goods sold 92,064 442,384 31,339 800 131,040 (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 g 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
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