Calculate the Gross Margin Ratio for Each of the Following

question 155

Essay

Calculate the gross margin ratio for each of the following separate cases A through C:
$$\begin{array} { | l | r | r | r | } \hline &{ \text { A } } & { \text { B } } &{ \text { C } } \\\hline \text { Net sales } & \$ 145,000 & \$ 623,500 & \$ 37,800 \\\hline \text { Cost of goods sold } & 83,600 & 269,200 & 13,230 \\\hline\end{array}$$

---

Definitions:

Competence Development

The process of acquiring and developing the skills and knowledge necessary to perform effectively.

Physical Skills

Abilities that involve the use and coordination of one's bodily movements and strength, often developed through practice and training.

Language Skills

Denotes the capacity to use language effectively for communication, which includes speaking, listening, reading, and writing.

Social Emotional Skills

Competencies in managing emotions, establishing positive relationships, and making responsible decisions.