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Saved Help Save & E QS 4-15 Computing and analyzing gross margin ratio LO A2 Salo Sales discounts Sales returns and allowances Coat of goods
Saved Help Save & E QS 4-15 Computing and analyzing gross margin ratio LO A2 Salo Sales discounts Sales returns and allowances Coat of goods sold Carrier Lennox Trane York $150,000 $550,000 $38,700 $255,700 5,000 17,500 600 4,800 20,000 6,000 5,100 900 79,750 329,589 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; i.e.; 0.2367 should be entered as 23.7%) Carrier Lennox Trane York Net sales Gross profit Gross margin ratio
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