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QS 4-15 Computing and analyzing gross margin ratio LO A2 Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York

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QS 4-15 Computing and analyzing gross margin ratio LO A2 Sales Sales discounts Sales returns and allowances Cost of goods sold Carrier Lennox Trane York $150,000 $550,000 $38,700 5255,700 5,00 17,500 4,500 20,000 6,000 5,100 900 79,750 329,509 24,453 126,500 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;le: 0.2367 should be entered as 23.7%) Carrier Lennox Trane York Net sales Gross profit Gross margin ratio

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