The following information was taken from the accounting records of Chicoutimi Lte. and Jonquire Lte. at December 31, 2020. The two companies are competitors. Chicoutimi Lte Jonquire Lte Ending inventory, Dec. 31, 2019 $411,000 $136,000 Ending inventory, Dec. 31, 2020 383,000 205,000 Cost of goods sold, 2020 2,461,400 954,800 Sales for 2020 6,153,500 2,387,000 Calculate the gross margin, gross margin ratio, and inventory turnover ratio at December 31, 2020, for: i. Chicoutimi Lte. li. Jonquire Lte. (Round inventory turnover ratio to 1 decimal place, eg. 10.1.) Gross margin Gross margin ratio Chicoutimi Lte Jonquire Lte % Inventory turnover ratio: times times