Homework: Chapt... Question 3, P8-31 (simil.. HW Score: 87.5%, 3.5 of 4 points Part 1 of 3 Save Points: 0.5 of 1 Your comparison of the gross margin percent for Jackets Drugs for tho years The following additional information is obtained from independent sources and 2016 through 2019 indicates a significant decline. This is shown by the following the client's records as a means of investigating the controller's explanations information Click the icon to view the additional information) Click the con lo view the data and additional discussion with the controller) Read the requirements in 1/1) Requirement a Evaluate the explanation provided by Amrock Show calculations to support your conclusions Begin by computing me gross margin percentage for drug and nondrug sales for 2019 through 2016 (Round your answers to the nearest tontti percent, XXX%) Gross margin %. Gross margin %. Drug sales Nondrug sales 2019 Data table Year 2018 2017 2016 9 2019 2018 2017 2015 Sales (thousands) 15,150 5 13.950 5 12,500 5 11.100 CGS (thousands) 0.500 3001 7737 6,040 Gross margin $ 5.500 250 5 4.705 4351 Percent 327 381 315 dscussion with Main Amrock, the controler bags to two posible explanation she form you that the industry as pront porcent in the total drug industry ecine farty sodiy for the years, which accounts for part of the decline A socond factor was the dining percent of the to volume resulting from the pharmacy part of the business. The pharmacy represent w most Double portion of the boot the competition to discount crutores prevent from pandingan at the body or such as magazin, Candy, and many o domssal mrock strongly that these two factors are the cause of the che Help me solve this Etext pages to search 68F Tomework: Chapt...