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The following information pertains to two competitors, Superior Inc. and Michigan Corp. table [ [ Company , Beginning Inventory,Ending Inventory,Cost of Goods Sold ]

The following information pertains to two competitors, Superior Inc. and Michigan Corp.
\table[[Company,Beginning Inventory,Ending Inventory,Cost of Goods Sold],[Superior Inc.,$174,000,$145,000,$1,240,470
Claculatr the gross margin and gross margin ratio for superior and michigan(round gross margin ratio to 1 decimal place,eg 10.5%)
On the basis of inventory turnover,which company is moving its inventory faster? a) Michigan corp. b) Superior Inc.
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