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se the following selected data from Business Solutionss income statement for the three months ended March 31, 2022, and from its March 31, 2022, balance
se the following selected data from Business Solutionss income statement for the three months ended March 31, 2022, and from its March 31, 2022, balance sheet to complete the requirements. Computer services revenue $ 27,359 Net sales (of goods) 20,010 Total sales and revenue 47,369 Cost of goods sold 15,594 Net income 20,817 Quick assets 89,372 Current assets 97,336 Total assets 123,024 Current liabilities 730 Total liabilities 730 Total equity 122,294 Required: 1. Compute the gross margin ratio (both w
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