Question: Required 1. Using the formula below, calculate GGL's gross margin ratio for the two years and evaluate GGL's performance in 2020 relative to 2019. Gross

 Required 1. Using the formula below, calculate GGL's gross margin ratio

Required 1. Using the formula below, calculate GGL's gross margin ratio for the two years and evaluate GGL's performance in 2020 relative to 2019. Gross Margin Sales Revenue

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