Question: QS 5 - 2 3 Computing and analyzing gross margin ratio A 1 ( a ) Compute net sales, gross profit, and the gross margin

QS 5-23 Computing and analyzing gross margin ratio A1
(a) Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies.
(b) Which company has the best gross margin ratio?
\table[[,Carrier,Lennox,Trane,York],[Sales,$150,000,$550,000,$38,700,$255,700
QS 5 - 2 3 Computing and analyzing gross margin

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