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Sales Sales discounts Sales returns and allowances Cost of goods sold $153,000 4,000 17,000 89,364 $610,000 13,500 6,000 368,472 $41,000 600 4,200 27,874 $260,000 3,500
Sales Sales discounts Sales returns and allowances Cost of goods sold $153,000 4,000 17,000 89,364 $610,000 13,500 6,000 368,472 $41,000 600 4,200 27,874 $260,000 3,500 1,000 149,723 Compute net sales, gross profit, and the gross margin ratio for each separate case a through d. (Round your gross margin ratio to 1 decimal place; l.e; 0.2367 should be entered as 23.7%.) Net sales Gross profit Gross margin ratio
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