connect. ACCOUNTING Ch. 8 Test 4. Anthony Thomas Candies (ATC) reported the following financial data for 2016 and 2015 2015 95,000 5,200 289,800 2016 returns and allowances 13.200 Net sales ost of sold Inve 50.000 Goods awa 4,000 76,000 9.000 50,000 109.000 180,800 ecember 31 ATC's gross profit ratio in 2016 is (Round your answer to one decimal place e.g.123 as 12.3%) 62.3%. 62.4%. 55% O None of these is correct. TOSH esc