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Mega Skateboard Supplier, Inc. had net sales of $85,741 million, its cost of goods sold was $57,283 million, and its net income was $2,102 million.

Mega Skateboard Supplier, Inc. had net sales of $85,741 million, its cost of goods sold was $57,283 million, and its net income was $2,102 million. Its gross margin ratio equals:

a. 2.4%.

b. 49.7%.

c. 33.2%.

d. 66.8%.

e. 149.7%.

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