The following informatio two companies are competitors. Ending inventory, Dec. 31, 2019 Ending inventory, Dec. 31, 2020 Cost of goods sold, 2020 Sales for 2020 Gross margin Gross margin ratio Chicoutimi Lte tA $363,000 430,000 2,656,550 6,641,375 Jonquire Lte Chicoutimi Lte $155,000 Calculate the gross margin, gross margin ratio, and inventory turnover ratio at December 31, 2020, for: i. Chicoutimi Lte. ii. Jonquire Lte. (Round inventory turnover ratio to 1 decimal place, e.g. 10.1.) 187,000 940,500 2,351,250 % $ Jonquire Lte %

Culculate the gross margin, gross margin ratio, and inventory turnover fatio at December 31,2020 , for: t. Chicoutimitite. ii. donquiere Ltile. (Round inventory turnover ratio to 1 decinal place, es 1a.1) Entry for the acount tites and enter ofor the anounty