Sales

$($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 B

Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies.

Note: Round your gross margin ratio to $1$ decimal place, i$.$e$.,0\mathrm{.}2367$ should be entered as $23\mathrm{.}7\%.$