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Page is a West Coast company with more than 400 drug stores. Financial information for fiscal 2020 and 2019 follows: Fiscal 2020 (in thousands) Fiscal
Page is a West Coast company with more than 400 drug stores. Financial information for fiscal 2020 and 2019 follows: Fiscal 2020 (in thousands) Fiscal 2019 Sales $5,178,200 $4.782.900 Cost of merchandise sold 3,745,400 3,362,800 Merchandise inventory 477,080 473,800 (a) Compute the gross margin percentage for both years. (Round answers to 1 decimal place, e.g. 10.6%.) 2020 2019 Gross margin percentage % se
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