$1$

$01$:$59$:$20$

$\backslash$table$[[,$Carrier,Lennox,Trane,York$],[$Sales$,$$$153,000,$$$610,000,$$$41,000,$$$260,000],[$Sales discounts,$4,000,13,500,600,3,500],[$Sales returns and allowances,$17,000,6,000,4,200,1,000],[$Cost of goods sold,$89,364,368,472,27,874,149,723]]$

$($a$)$ Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies.

$($b$)$ Which company has the better gross margin ratio?

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Complete this question by entering your answers in the tabs below.

Required $A$

Required $B$

Which company has the better gross margin ratio?

Which company has the better gross margin ratio?

Required $A$

Required $B1$

$01$:$59$:$25$

$\backslash$table$[[,$Carrier,Lennox,Trane,York$],[$Sales$,$$$153,000,$$$610,000,$$$41,000,$$$260,000],[$Sales discounts,$4,000,13,500,600,3,500],[$Sales returns and allowances,$17,000,6,000,4,200,1,000],[$Cost of goods sold,$89,364,368,472,27,874,149,723]]$

$($a$)$ Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies.

$($b$)$ Which company has the better gross margin ratio?

Ask

Complete this question by entering your answers in the tabs below.

Required $A$

Required $B$

Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies.

Note: Round your gross margin ratio to $1$ decimal place, i$.$e$.,0\mathrm{.}2367$ should be entered as $23\mathrm{.}7\%.$

$\backslash$table$[[,$Carrier,Lennox,Trane,York$],[$Net sales,,,,$],[$Gross profit,,,,$],[$Gross margin ratio,,,,$]]$

Required $A$

Required $B$