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TB MC Qu. 99 (Algo) Mega Skateboard Supplier... Mega Skateboard Supplier had net sales of $2,900,000, its cost of goods sold was $1,900,000 and its

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TB MC Qu. 99 (Algo) Mega Skateboard Supplier... Mega Skateboard Supplier had net sales of $2,900,000, its cost of goods sold was $1,900,000 and its net income was $1,100,000. Its gross margin ratio equals: Multiple Choice 38%. 153%. 34%. 58%. 66%.

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