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Carrier Lennox Trans York Sales $ 1541,1190 $ T5,0 $ 43,1100 $ 26?,0011 Sales discounts 2,000 17,0 600 4,400 Sales returns and allowances 13,030 6,0DD
Carrier Lennox Trans York Sales $ 1541,1190 $ T5,0 $ 43,1100 $ 26?,0011 Sales discounts 2,000 17,0 600 4,400 Sales returns and allowances 13,030 6,0DD 4,900 1,300 Cost of goods sold 93,350 466,041? 31,450 1311,5511 {3} Compute net sales, gross prot, and the gross margin ratio for each ofthe four separate companies. {b} Which company has the better gross margin ratio? Complete thls question by entering your answers In the tabs below. Required A Required B Compute net sales, gross prot, and the gross margin ratio For each of the four separate companies. {Round your gross margin ratio to 1 decimal placer i.e., (1.235? should be entered as 23.?%.) Required B ) Carrier Lennox Trane York Sales $ 160, 000 $ 750,000 $ 48, 000 $ 267,000 Sales discounts 2,000 17,000 600 4, 400 Sales returns and allowances 18 , 000 6,000 4,900 1, 300 Cost of goods sold 93, 800 466,007 31 , 450 130, 650 (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 Which company has the better gross margin ratio? Which company has the better gross margin ratio? Carrier Lennox Trane York
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