Question: Two competitors report the following data. Complete this question by entering your answers in the tabs below. Compute net sales, gross profit, and the gross

Two competitors report the following data.
Complete this question by entering your answers in the tabs below.
Compute net sales, gross profit, and the gross margin ratio for each company.
Note: Round your gross margin ratio to 1 decimal place, i.e.,0.2367 should be entered as \(23.7\%\).
Two competitors report the following data.

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