Check my wor QS 4-20 (Algo) Computing and analyzing gross margin ratio LO A1 Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York $152,000 $590,000 $10,000 $259,800 2,000 13,000 680 4,000 16,990 6,000 4,100 500 90,852 369,437 26,122 149,646 (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 23.79.) Carrier Lennox Trane York Net sales Check my (aj compute net sales, gross prom, and the gross margin ratio tor each or me our 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%.) Carrier Lennox Trane York Net sales Gross profit Gross margin ratio Required Required B > (a) Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies. (6) 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?